But its efforts this fall to sell 1.7 million shares, providing $38 million in net capital for the company, went smoothly.

Indeed, East Asia accounts for two-thirds of the total growth in net capital going to developing countries since 1990.

That has brought in excess of $9 billion of net capital.

This meant customer receivables could not exceed 50 times the broker-dealers net capital.

They held net capital in the billions, not hundreds of thousands, of dollars.

It did not change the test against which net capital was measured.

But there was also nearly $4 billion in the form of net new capital or loans from the parent company.

But it is net private capital flows that tell the economic story.

VaR is used in the marked risk deduction from net capital.

For most entities, it also involves financial requirements, such as a requirement as to minimum net capital.