Peter OBIORA INVESTADVOCATE

Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Monday March 15 issued a March 31 2011 deadline to Dealing Members of its Exchange on the submission of details of their Chief Compliance Officer (CCO).

This was contained in a notice by the Stock Exchange and made available to investadvocate in Lagos Nigeria.

“We refer to our Bulletin dated 7^th February, 2011 on the above subject matter.

Please be reminded that all Dealing Member firms who have not submitted details of their Chief Compliance Officer must do so on or before 31^st March, 2011” the notice said.

The Nigeria’s Exchange affirmed that the Chief Compliance Officer must be registered with the Nation’s Apex Capital Market Regulatory Institution’ the Securities and Exchange Commission (SEC) in pursuant to Rule 168(b) of the SEC Rules and Regulations (SEC Rules).

This is coming on the heels of earlier notice requesting Dealing Member Firms to submit details of their CCO to the Exchange.