Share Repurchase Disclosure Modernization The proposal would establish new Form SR for reporting issuer share repurchases and enhance existing periodic disclosure December 15, 2021/US SEC The Securities and Exchange Commission today proposed amendments to its rules regarding disclosure about an issuer’s repurchases of its equity securities, often referred to as […]

December 15, 2021/Coronation Research Summary Opening market liquidity was reported at N241.2bn on Friday (10 December ‘21). Overnight and repo rates closed within a range of 15.0-17.8%. Last week, the average NTB yield declined by -2bps w/w to close at 4.5%. This is due to the moderation in stop rates […]

Rule 10b5-1 and Insider Trading The proposal would strengthen the requirements to access the affirmative defense to insider trading and improve related transparency around insider transactions in company securities December 15, 2021/US SEC The Securities and Exchange Commission today proposed amendments to Rule 10b5-1 under the Securities Exchange Act of […]