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WMIH
United States
1889 (136 Years)
Last online: No recent activity
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know WMIH
Company Information
Get to know WMIH
WMIH is focused on identifying and consummating an accretive acquisition transaction across a broad array of industries. It is the direct parent of WM Mortgage Reinsurance Company, a Hawaii corporation(“WMMRC”), and WMI Investment, a Delaware corporation. On March 19, 2012, WMIH emerged from bankruptcy proceedings as the successor to Washington Mutual. Upon emergence from bankruptcy, they had limited operations other than WMMRC’s legacy reinsurance business, which is being operated in runoff mode and has not written any new business since September 26, 2008. They continue to operate WMMRC’s business in runoff mode and they are actively seeking acquisition opportunities across a broad array of industries.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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