 Each remisier has to post a deposit with the stockbroking company to cover clients' losses in the event of default; this security deposit is segregated from other assets that are kept by the stockbroking company on behalf of the clients.The stockbroking company is required to take all relevant and reasonable action against clients for the recovery of indebtedness which should be reimbursed to the remisier in the event that the remisier's security deposit has been utilised towards the satisfaction of indebtedness.Remisiers play an important role on the KLSE and SES, not only in terms of increasing distribution and providing additional liquidity to the market, but also through their role in educating and advising retail investors and the public at large.