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SEC to sanitise the capital market

Nigerian Stock Exchange The Nigerian Stock Exchange, Stock brokers, CSCS

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20th August 2007, 10:03 AM

Geeman

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SEC to sanitise the capital market

The Nigerian Securites and Exchange Commission, SEC has reported that it is set to crack down on illegal activites in the capital market to sanitise the market and ensure transparency. Areas of abuse identified include the activities of stockbrokers and registrars involving "illegal sales of clients’ shares, delay in verification of certificates, non-receipts of circular and dividends." Over 250 complaints have been received from investors. For more information read: Vanguard - Cover Stories : Voodoo banking: EFCC, SEC to prosecute Nospetco

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		StockMarketNigeria.com Forums > Nigerian Stocks > Nigerian Stock Exchange
SEC to sanitise the capital market

Nigerian Stock Exchange The Nigerian Stock Exchange, Stock brokers, CSCS

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