Aggregated News From Investment Management Regulators

Mandatory Registration Of All Capital Market Operators With Their Respective Trade Groups/Associations

Report/Flag

Please complete the required fields.



The Commission hereby draws the attention of all Capital Market Operators to Rule 25(1)(a) of the SEC Rules and Regulations (as amended) on Membership of Self-Regulatory Organizations (SROs).  The Rule provides that “Every person registered to perform any function in the market shall be a member of an SRO or a Trade Association relevant to its function”.

All Capital Market Operators that are yet to register with their Trade Groups/Associations are hereby required to do so and submit evidence of their registration to the Commission not later than December 31, 2018.

Any CMO that fails to comply with this directive shall be sanctioned in line with the SEC Rules and Regulations.

Signed: Management

Source link

Regulator Information

Abbreviation: SEC NG
Jurisdiction: Nigeria

Recent Articles

Elliott Investment, website operator of elliott-investment.com: suspected violation of the prospectus requirement

Offering securities to the public without an approved prospectus constitutes a violation of the prospectus requirement under Article 3(1) of the EU Prospectus Regulation – unless an exemption applies

Grand-ducal Regulation of 27 July 2022

Grand-ducal Regulation of 27 July 2022, amending Grand-ducal Regulation of 30 May 2018 on the protection of financial instruments and funds belonging to clients,...

MFSA Warning – 86FXTRADE & P240 Ltd – Unlicensed Exchange

The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the names of 86FXTRADE and/or P240 Ltd (“the Entity”) which has an internet presence at https://www.

Get the latest from Regulatory.News in your inbox!

×