'Prioritise interest of investors' -- SEC tells capital market operators | TheCable

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‘Prioritise interest of investors’ — SEC tells capital market operators | TheCable

February 9, 2022 8:25 PM

Yuguda said the Commission is on the quest to improve professionalism, therefore, urged operators to have good ethical conduct and maintain professionalism in the discharge of their duties. The director-general said the regulator and the self-regulatory organisations must work together, adding that it would go a long way to eliminate poor market conduct.He, however, urged the operators to prioritise the interest of investors over their own and be seen to demonstrate the highest level of integrity and transparency in conducting their activities.

“Only recently, in a bid to curb poor market conduct, the SEC had resolved to intensify monitoring and surveillance of the market and vowed to apply stiff sanctions to any operator who engages in unethical conduct.

 

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