SOURCE: REORIENT Group Limited
HONG KONG, CHINA--(Marketwired - Oct 4, 2013) - REORIENT Group Limited (HKSE: 376) announces that on September 30, 2013, REORIENT Financial Markets (USA) LLC, a subsidiary of REORIENT Group, received confirmation of its FINRA membership and registration as a broker-dealer in the United States of America.
This approval marks the beginning of a new phase of growth for the boutique investment bank's franchise. With the approval of its USA broker-dealer registration, the firm is now able to significantly expand its institutional customer base and open new distribution channels for public stock transactions and research.
"With our US registration now in place, REORIENT can continue our expansion as a global player. The license will allow us to expand our customer base while also allowing us to further build our brand in the world's largest financial market," said Brett McGonegal, REORIENT Group's Executive Managing Director and Chief Executive Officer.
The statements contained in this document are solely for general information purposes, and are not solicitations or offers to provide any financial services or products to any person in Hong Kong or any other jurisdictions by REORIENT Group Limited or any other REORIENT Group companies. REORIENT Financial Markets (USA) LLC, a subsidiary of REORIENT Group Limited, is a limited liability company established under the laws of the State of Delaware, United States of America, and is registered under applicable laws of the United States to provide broker-dealer services to United States persons. REORIENT Financial Markets (USA) LLC is not licensed by the Hong Kong Securities and Futures Commission to carry on business in regulated activities and does not offer to provide services in any regulated activities in Hong Kong.