May 21, 2021/SEC Nigeria
New Rule
Proposed Rule for Processing Fees Payable for the Registration of Exchange-Traded Derivative Products
- Filing Fee per Contract N100,000
- Processing Fee per Contract N500,000 flat fee
Justification
The Commission is of the view that the filing fee should be a standard fee chargeable for all transactions. In addition, since there is no value attached to the contract, a flat fee of N500,000 per contract is reasonable.
All comments and input should be forwarded by e-mail to the Secretariat, Rules Committee of the Commission, at rulescommittee@sec.gov.ng or by letter addressed to the Director-General, SEC, not later than two (2) weeks from date of publication.
