Be mindful of unregistered investment schemes, SEC tells investors – TheCable

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Lamido Yuguda, director-general of the Securities and Exchange Commission , has advised Nigerians to be mindful of unregistered investment schemes.

Yuguda said any investment scheme not registered with the commission was not a bonafide capital market operator.Advertisement

He added that the number of unclaimed dividends would reduce drastically if everyone mandated their accounts. “We also have on our website, a tool which helps you to determine any unclaimed dividend that you may have and I will encourage everyone to take advantage of these tools.”

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