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Equities Start Week Red as NGXASI Down by 53 bps, Investors Loss N296.82Bn

—NGXASI stands at +30.67% (YTD);Naira depreciated by 0.80% to close at N1, 478.11 May 13, 2024/Futireview Research Click here to download the full report. EQUITIES MARKET: The Nigerian equities market began the week on a downward trend, with bearish sentiment outweighing bullish activity. The All-Share Index (NGXASI) dropped by 53 […]

SEC, FinCEN Propose Customer Identification Program Requirements for Registered Investment Advisers and Exempt Reporting Advisers

May 13, 2024/US SEC Today the Securities and Exchange Commission and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) jointly proposed a new rule that would require SEC-registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to establish, document, and maintain written customer identification programs (CIPs). The […]