June 4, 2019/US SEC The Securities and Exchange Commission today announced an emergency action charging a recent college graduate with orchestrating a Ponzi scheme that targeted college students and young investors. The SEC is seeking an asset freeze and other emergency relief. The SEC’s complaint alleges that Syed Arham Arbab, 22, conducted […]
Frauds & Scandals
Oando: SEC’s Big Move to Clean up the Capital Market
June 3, 2019/SEC It is no gain saying the fact that adopting and operating in accordance with high standards of corporate governance is essential for a company’s sustainable long-term growth, performance and value creation. Good governance practices would promote the development of the capital market, weak corporate governance practices would […]
SEC Shut Down by Workers’ Union Ahead of Gwarzo’s Planned Resumption
June 3, 2019/Our Reporter The Association of Senior Civil Servants of Nigeria, SEC Branch, on Monday morning locked up offices of the Headquarters of the Securities and Exchange Commission, SEC over attempts by the suspended DG, Mounir Gwarzo to resume duties. The Union is protesting attempts to reinstate the suspended […]
