Investors Bite

Jeffrey Harris, Chief Economist, Director of SEC Economic, Risk Analysis Division to Exit

May 30, 2018/US SEC The Securities and Exchange Commission today announced that Dr. Jeffrey H. Harris, the Chief Economist and Director of the Division of Economic and Risk Analysis (DERA) and a Professor of Finance at American University’s Kogod School of Business, will leave the agency at the end of […]

SEC Obtains Emergency Order Halting Fraudulent Coin Offering Scheme

29/5/2018/US SEC The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S.  The court also approved an emergency asset freeze and the appointment […]

Naira Strengthens in Parallel Market as CBN takes Measures to improve Dollar Liquidity

Culled—Proshare May 28, 2018/Zedcrest Capital ***CBN Mandates BDCs to Access Forex Window Thrice Weekly*** Bonds The Bond Market opened the week on a relatively quiet note with very little trades executed in the market. Yields rose higher by c.7bps on average due to slight sell on the shorter end of […]