Investment Services
Investment Firm
Who Needs a License? An investment firm license is required for providing most investment services, including receiving and transmitting orders related to investment instruments, executing orders for investment instruments on behalf of customers, trading in investment instruments on one’s own account, wealth management, or investment advice.
Investment Intermediary
Who Needs a License? An individual providing investment services such as order reception and transmission or investment advice related to bonds with a prospectus or collective investment securities.