SEC Suspends Woodland Capital Market for Unauthorised Sale of Investor Shares

By InvestAdvocate

Lagos (INVESTADVOCATE)-“The Securities & Exchange Commission (SEC) on Tuesday March 10, 2015 suspended Woodland Capital Market Plc together with its Directors and Sponsored Individuals in connection with the unauthorized sale of 3,750 units of PZ Plc shares belonging to an investor and its refusal to comply with the Commission’s directives in that regard.

The suspension is indefinite and shall remain in force pending the resolution of the matter against the Operator,” SEC said in a notice on its official website.

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