Sri Lanka is in the process of introducing demutualization to the Colombo Stock Exchange (CSE), Securities and Exchange Commission (SEC) sources said. The SEC is in the process of finalizing the demutualization of the CSE to bring the Capital Market in line with those of more mature level, Former Executive […]
Tag: Securities and Exchange Commission
Nigerian finance resurges but investors still shy
Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary of sinking their money into stocks. The market capitalisation of the nearly 200 listed companies on the Nigeria Stock Exchange (NSE) rose by 41 percent in the 12 […]
SEC refutes Allegations on New Minimum Capital Requirement by ASHON, CIS
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday refuted the allegations made by the Association of Stock broking Houses of Nigeria (ASHON) and Chartered Institute of Stock brokers (CIS) that they were not consulted before the decision to review upwards the minimum capital requirement for capital […]
