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SEC mulls ban on unfettered access to markets

By Agency Reporter Thursday, 4 Nov 2010 washington: Unlicensed high-frequency traders will no longer be able to gain unfettered or ”naked” access to public markets under a rule being considered by the United States‘s Securities and Exchange Commission. Reuters reported that SEC would meet later on Wednesday to decide whether to […]

Finance houses decry lack of robust regulation system

By Udeme Ekwere Thursday, 4 Nov 2010 THE Finance Houses Association of Nigeria has decried the lack of a robust regulatory system in the country‘s financial sector. The President of the association, Mr. Eddie Osarenkhoe, said this in a statement made available to our correspondent on Wednesday. Osarenkhoe, who was quoted […]

Oceanic Bank promotes 318 workers

By Agency Reporter Thursday, 4 Nov 2010 Oceanic Bank International Plc has promoted a total of 318 employees in recognition of their outstanding performances. Also, 136 workers of the bank got increment in their compensation package to further motivate them. A statement from the bank said the promotions and salary increments […]