NSE Says SEC Approves New Rules, Effective Date

By InvestAdvocate

Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Tuesday  it has received the approval of the Securities and Exchange Commission (SEC) its new rules and their effective dates.

These includes rules for listing on the Premium Board which became effective July 15, 2015, rules and regulations governing dealing members (amendments and additions part IV) with the exception of the nominal transfer rule effective September 01, 2015.

Others are rules and regulations governing dealing members amendments and additions part V and VI) effective September 01, 2015.

The NSE says interpretive guidance will be provided on the Rules at a later date, where necessary.

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