By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Association of Stock broking Houses of Nigeria (ASHON) has written a letter to Nigeria’s Securities and Exchange Commission (SEC) over the new capital requirement imposed by then latter. InvestAdvocate gathered that ASHON sent out the letter last week to the commission seeking a resolution […]
Tag: Securities and Exchange Commission
SEC pushes US insurers for details on ‘captives’: WSJ
The U.S. securities regulator has asked life insurers to disclose the potential cost of forcibly winding down in-house insurance units known as ‘captives,’ whose business model has come under regulatory radar, the Wall Street Journal reported. State insurance regulators, which approve these captive units, have previously raised concerns that some […]
SEC’s New E-Filing System to Commence Q1 2014
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Securities and Exchange Commission (SEC) has introduced an Electronic Filing System for market operators scheduled to commence from the first quarter (Q1) of 2014. According to SEC, the system would require all capital market operators to submit their quarterly returns electronically commencing from Quarter […]
