SEC Ready to Partner Securities Tribunal to Curb Market Infractions


Chineme Okafor in Abuja

The Securities and Exchange Commission (SEC) has said it is ready to go into partnership with relevant bodies including the Investment and Securities Tribunal (IST) to curb potential cases of infractions in Nigeria’s capital market.

It said this was part of its quest to ensure zero tolerance on infractions in the country’s capital market, as well as ensure that perpetrators of fraudulent acts are brought to book.

In a statement from SEC on Tuesday in Abuja, it’s Acting Director General, Dr. Abdul Zubair, said the present management of SEC had zero tolerance on market infractions. He noted that anyone that flouts rules governing the capital market would be made to face the consequences of such actions.

Zubair stated this when the chairman and members of IST visited him in his office in Abuja, where he also told the IST team that SEC has embarked on a number of initiatives to protect investors in the market and ensure that they reap the benefits of their investments.

“SEC has rolled out a number of initiatives and campaigns which have been yielding results. These initiatives are to ensure that investors are aware of what to do to protect their investments.

“The e-dividend is one of such campaigns and we enjoin investors to key in so that they can reap the benefits of their investments,” said Zubair.

Details later…


Source link

قالب وردپرس

We hope you enjoyed reading the above post. How about helping us share the information to your fans and friends on social media? Meanwhile, you can rely on us daily for the latest and relevant free forex trading signals, free forex trading market news, free forex trading technical levels, weekly Pool draws, latest news from Nigeria and the world, educational articles and quality academic information, insurance news and scientific knowledge.

Do you need a classical ORGANIST or an excellent music teacher? CALL Fabian on 08033983034 or email him at

Follow us on twitter @newsbeatportal

learn how to make profit from your losing bets on nairabet, bet9ja, merrybet, surebet. 07030635051
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535

Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.

Konga Verified Blogger

Leave a Reply