October 07, 2014/SEC In order to ease the illiquidity around unquoted securities in Nigeria, the Securities and Exchange Commission [SEC] licensed the NASD to create an Over the counter market in 2013. As we launched operations, NASD and our regulator SEC became acutely aware of the opacity of the unlisted […]
Capital Market
BOJ Keeps Policy Unchanged With Yen Near Six-Year Low
The Bank of Japan maintained its record stimulus as the yen traded near a six-year low and economists pushed back forecasts for further monetary easing. The central bank kept its pledge to increase the monetary base at an annual pace of 60 trillion yen to 70 trillion yen ($643 billion), […]
Rules preventing ‘black market’ transactions almost ready – NASD
NASD Plc has said it expects the amendments to Securities and Exchange Commission rules relating to trading in the securities of unlisted companies to be ready soon. The company, which was licensed by SEC to create an over-the-counter market in 2013 in order to ease the illiquidity around unquoted securities […]
