SEC Suspends Heritage Capital over Unauthorised Sale of Shares

Mounir Gwarzo, D.G SEC Nigeria

26/12/2016/SEC

The Securities and Exchange Commission (“SEC”) on Wednesday December 21, 2016 suspended Heritage Capital Markets Ltd together with its Directors and Sponsored Individuals in connection with the unauthorised sale of shares belonging to an investor and its refusal to comply with the Commission’s directives in that regard.

In view of the above, the general public is hereby INFORMED that the suspension is indefinite and shall remain in force pending the resolution of the matter against the Operator.

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