By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday said it will sanction all public companies that are yet to comply with its directive to do so. The commission in a circular posted on its website said at the expiration of June 30, 2014, all public companies […]
Tag: Securities
Morgan Stanley Reaches $1.25 Billion Mortgage Settlement
Morgan Stanley has agreed to pay $1.25 billion to the Federal Housing Finance Agency to resolve claims that it sold shoddy mortgage securities to Fannie Mae and Freddie Mac. In a securities filing late Tuesday, Morgan Stanley said that it had reached an agreement “in principle” with the agency, which […]
Shareholder protection: Securities regulators get help
Securities regulators are in a better position to guarantee investor protection, following the release of a report on regulation of retail structured products. The report, published on December 20 by the International Organisation of Securities Commissions, provides a toolkit outlining regulatory options, which securities regulators may find useful to regulate […]
