U.S. and British authorities are hours away from fining ICAP, the world’s biggest interdealer-broker, and charging current and former staff in connection with the manipulation of the Libor benchmark interest rate. The rate rigging scandal, which has laid bare the failings of regulators and bank bosses, has already seen three […]
Author: InvestAdvocate
26 Dealing Members Involved in Unauthorised Sales of Investors Shares between 2012, August 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Monday published on its website a list of Dealing Member Firms involved in unauthorized sales of investors’ shares between January 2012 and September 2013. The list shows that the cases of 14 firms out of the 26 listed have been […]
SEC restates commitment to investor protection
The Securities and Exchange Commission has restated its commitment to the protection of investors in the Nigerian capital market from fraudsters. A statement from the SEC, on Tuesday, said the capital market regulator had adopted several strategies to achieve this goal. According to the statement, one of the steps the […]
