By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has reported that 26 Dealing Member Firms and three (3) individuals were involved in unauthorised sale of investors’ shares between January 2012 and December 2013.

According to the NSE in its Brokers Trak, status of the complaint shows that 12 out of the 26 has been resolved while 14 remains unresolved.

On the part of the individuals that involved in unauthorised sale of investors shares, two (2) out of the three (3) has been resolved; while one (1) is unresolved.

The NSE introduced the Brokers Trak to help reduce contravention of market rules to its barest minimum while doing all within its means to restore confidence.

Also, it is to improve confidence in the market and investors can make more informed decisions about where to invest by viewing names of Dealing Member Firms that have been found liable for contravening market rules.