SEC harps on right policies for capital market development | The Guardian Nigeria News - Nigeria and World News

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The Securities and Exchange Commission (SEC) has expressed its readiness to pursue appropriate policy measures that will spur activities and accelerate development in the capital market.

At the 2022 PEARL Awards Nite, held in Lagos, at the weekend, the Director-General of the SEC, Lamido Yuguda said the commission is also committed to the development of the commodities market ecosystem to complement Federal Government’s efforts towards improving the agriculture and solid minerals sector.

He assured stakeholders that the commission would continue to support, engage and collaborate with stakeholders in providing a level playing field for all quoted companies to thrive. “Deployment of the security surveillance solution will improve market integrity, promote transparency on all trading platforms with the ultimate aim of eliminating market manipulation so that truly performing businesses can take their rightful place.”

He pointed out that the selection process was guided by the principles of fairness, transparency and objectivity, adding that winners were selected by merit based on their performance in the market and overall contributions to economic growth.

 

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