SEC |

SEC Begins Tech Adoption Assessment For Capital Market

Kingsley Chukwu6 months ago03 mins

The Securities and Exchange Commission (SEC) has begun the technology adoption assessment for registered capital market operators (CMOs). According to the SEC in a circular, on Wednesday, the exercise was to assess the adoption of advanced technologies among registered CMOs. The notice reads, “The following technology adoption survey is designed by the Commission to assess…

Ponzi Operators Risk 10-year Jail Term, N20m Fine – SEC

Kingsley Chukwu7 months ago03 mins

Promoters and operators of entities engaged in a prohibited scheme is liable to a penalty of not less than N20 million or imprisonment to a term of 10 years or both. Thr Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, said it is one of the provisions of the newly signed Investments…