Investors at the Discount Securities offices after the stockbrokarage was placed under the management of auditing firm KPMG in 2009. Photo/FILE

The Big Story

Collapsed brokers to lose proceeds of NSE shares sale

The Capital Markets Authority (CMA) says any initial public offering (IPO) cash accruing to Nyaga Stockbrokers and Discount Securities will be seized to settle claims against them estimated at hundreds of millions of shillings....