Nasdaq OMX Group Inc will compensate firms on December 31 for qualifying claims related to Facebook Inc’s botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday. Nasdaq said previously it would pay up to $41.6 million in claims to market participants that […]
Author: InvestAdvocate
SEC’s New E-Filing System to Commence Q1 2014
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Securities and Exchange Commission (SEC) has introduced an Electronic Filing System for market operators scheduled to commence from the first quarter (Q1) of 2014. According to SEC, the system would require all capital market operators to submit their quarterly returns electronically commencing from Quarter […]
IMF Announces Death of Mohamed Chatah
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday announced the death of Mohamed Chatah, a former adviser to the Fund. William Murray, Deputy IMF Spokesman in a Statement made available to InvestAdvocate said the IMF Management and staff are deeply saddened by the tragic death of Mohamed […]
