Updates

IOSCO consults on order routing incentives in ongoing effort to protect investors

December 21, 2016/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) published today the Report on Order Routing Incentives for public consultation.  The report provides an overview of the practices used by market regulators regarding incentives for order routing that may influence how intermediaries treat their clients.  The […]

IOSCO identifies risks to retail investors of OTC leveraged products

December 21, 2016/IOSCO The International Organisation of Securities Commissions (IOSCO) issued today a report that identifies various risks related to the marketing and sale of complex OTC leveraged products to retail investors, and describes how some regulators are responding to the challenges these products present. The Report on the IOSCO […]

Some Fine Details in the Budget Speech

Culled—-Proshare December 21, 2016/FBNQuest Research The president’s 2017 budget speech to both houses of the National Assembly is an ambitious statement of intent. We learn that in the first nine months of this year aggregate FGN revenue and expenditure amounted to N2.17trn and N3.58trn respectively, and that the proposed budget […]