SEC secures funding for securities market surveillance

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 94%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Problems associated with market infractions may become a thing of the past as the Securities and Exchange Commission (SEC) has announced

Securities and Exchange Commission tower. Photo/nairametrics

Securities market surveillance system monitors and detects activities for market manipulation, fraud, behavioural patterning, and more across all asset classes and all products, thereby ensuring the prevention and investigation of abusive, manipulative or illegal trading practices. The introduction of a market surveillance system in the market is expected to aid in detecting market infractions, as well as addressing market abuse as quickly and efficiently as possible to strengthen investors’ protection.

He reiterated that the commission’s resolve to sanction capital market operators frustrated the electronic dividend mandate process.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigerian government urged to exempt tax on corporate bonds to attract market investorsThe Securities and Exchange Commission (SEC) has asked the federal government to consider its proposal to exempt corporate bonds from the payment of tax.
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »

SEC Seeks Tax Exemption On Corporate Bonds To Boost Market LiquidityThe director-general of SEC, Lamido Yuguda said this on Friday during a press briefing on the outcome of the second Capital Market Committee meeting for this
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Exempt tax on corporate bonds to attract market investors, SEC tells FG | TheCableThe Securities and Exchange Commission (SEC) has asked the federal government to consider its proposal to exempt corporate bonds from the payment of tax. Lamido Yuguda, director-general, SEC, said this SECNigeria So who should be taxed, the farmers in the Village ?
Source: thecableng - 🏆 2. / 80 Read more »

Capital market’s unclaimed dividends hit N177bn – SECThe Securities and Exchange Commission, on Friday, announced that the unclaimed dividends at Nigeria’s capital market so far computed increased from N168bn in 2020 to N177bn in 2021. Unclaimed dividends will keep running into billions because some shareholders only got N15 🤣, who has time to process that! Ever since I filled forms to receive my commission electronically when due, they managed to pay twice, it seems the abandonment is purposely because of the twice payment. Kai.. Banks profiting madly with this already..
Source: MobilePunch - 🏆 8. / 63 Read more »