Quarterly report pursuant to Section 13 or 15(d)

BROKERAGE AND OTHER RECEIVABLES, NET

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BROKERAGE AND OTHER RECEIVABLES, NET
 3 Months Ended
Jun. 30, 2022
Receivables [Abstract]  
Brokerage and other receivables, net BROKERAGE AND OTHER RECEIVABLES, NET
Brokerage and other receivables as of June 30, 2022, and March 31, 2022, consisted of:
June 30, 2022
March 31, 2022
(Recast) (Recast)
Margin lending receivables $ 216,937  $ 138,983 
Receivables from brokerage clients 4,994  4,439 
Bonds coupon receivable 5,600  — 
Long-term installments receivables 1,460  1,367 
Receivable from sale of securities 866  884 
Bank commissions receivable 434  598 
Receivable for underwriting and market-making services 312  296 
Dividends accrued 4  45 
Other receivables 3,902  3,210 
Allowance for receivables (2,396) (2,107)
Total brokerage and other receivables, net $ 232,109  $ 147,659 
On June 30, 2022, and March 31, 2022, amounts due from a single related party customer were $170,371 and $102,680, respectively or 73% and 70% respectively, of total brokerage and other receivables, net. Based on historical data, the Company considers receivables due from related parties fully collectible. As of June 30, 2022, and March 31, 2022, using historical and statistical data, the Company recorded an allowance for brokerage receivables in the amounts of $2,396 and $2,107, respectively.