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    Can a broker be registered if they have been bankrupt?

    Ali Faizan Syed1 min read0 viewsUpdated 1/2/2026
    No, one of the primary requirements for the owner or manager of a brokerage firm is that they must not have been declared bankrupt. Additionally, they must not have been convicted of any crime involving honour or trustworthiness. These criteria are verified through a certificate of good conduct and repute during the registration process. This restriction ensures that the leadership of brokerage companies is composed of individuals with financial integrity and a clean legal history.

    Related Topics:

    Bankruptcy Restriction
    Broker Integrity
    Good Conduct Certificate
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