Quote:
Originally Posted by Abinishio
My People,
I feel so sad at the content of ask4ugo post.
Since I joined this forum, my appetite has grown even more, my knowledge has increased and my facts are accurate.
I will resist any attempt by any guise to corrupt the values and decency of this forum, I'm very passionate about this forum, that I will defend it at any cause.
I know it is a public forum, but there must be some decency, we should discourage any form of soliciting or marketing gimmicks, ask4ugo if truly innocent should have simply made he contribution and not solicit members to buy into this abyss.
Please, leadstone or leadrock or whatever should be cast away, I think we can take a stand on behalf of other less informed members to say this is a NO GO.
Talking about PP’s from Stock brokering firms, I met someone working with SEC and he confirmed to me that there is currently an impasse in the house as to the viability of allowing these firms to list on the NSE.
There is an element of conflict of Interest here.
One school of thought is that will brokering firms be allowed trade on their own shares??
Another school is saying why not, do banks not own brokering firms and what stops them buying their own shares??
So this debate is going on, so he has advised me to hold on and watch.
Me I dey wait ohh.
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The fact that Deap Capital was listed makes it very difficult for SEC/NSE to refuse applications from other stockbroking firms.
Brokerage houses are listed in other stock exchanges the world over, so SEC/NSE should find out how these exchanges handle such issues.
But i agree we should all be careful. The question we should ask ourselves is if this company does not list, do we care?