January 18, 2016/SEC Circular Exposure of Proposed Sundry Amendments to the SEC Rules and Regulations Below is a summary of the proposed amendments: A. AMENDMENT TO RULE 51(1) – (REPORTS TO BE FILED BY CMOs) These amendments are proposed under Rule 51(1) to cover the area of e-filing and reporting […]
Tag: Securities and Exchange Commission
Advantages of the E Dividend Mandate Management System (E-DMMS)
January 18, 2016/SEC Director General of the Securities and Exchange Commission Mounir Gwarzo has described the e-Dividend platform as a game changer in the market that will ensure that infractions are reduced to the barest minimum. Gwarzo spoke on Thursday in Abuja at a Town Hall Meeting to sensitize the […]
NSE’s Index Circuit Breakers Rule Commences
By InvestAdvocate Lagos (INVERSTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday said the Index Circuit Breakers Rule has commenced today January 15, 2016. “Please be reminded that on 1 December 2014, The Exchange deferred the effective date of the “Trading Halts Due to Extraordinary Market Volatility” (Index Circuit Breakers) Rule, and […]
