August 29, 2018/US SEC The Securities and Exchange Commission today announced charges against 1 Global Capital LLC and its former chief executive officer for allegedly defrauding at least 3,400 retail investors, more than one-third of whom invested their retirement funds. The Florida-based cash advance company and former CEO Carl Ruderman allegedly […]
Investors Bite
Investment Recommendation – 11 Plc Sustains Best-in-Class Performance
28/8/2018/Cowry Asset 11 Plc (formerly Mobil Nigeria Plc) sustained its excellent performance in H1 2018 relative to its industry – judging by key financial ratios. Hence our ‘A’ rating. Following its best-in-class performance, and given an upside of 10.65% to its target price, we recommend a MODERATE BUY on its […]
SEC Proposes New Rules on Regulation of Derivates Trading, Registration of Commodity Brokers
August 29, 2018/SEC These proposed changes affect derivatives trading and registration requirements for commodity brokers. All comments and input should be forwarded to the Secretariat, Rules Committee of the Commission via rulescommittee@sec.gov.ng or through the Ag. DG, SEC, not later than two (2) weeks from the date of this post. New Rule Rules on Regulation […]
