Regulatory Alerts2021-04-08
Proliferation of Unregistered Online Investment and Trading Platforms Facilitating Access to Trading in Securities Listed in Foreign Markets
The Securities and Exchange Commission has mandated that only foreign securities listed on Nigerian exchanges may be offered to the investing public. Capital Market Operators collaborating with unregistered online trading platforms are formally directed to desist from facilitating direct access to foreign-listed securities. Investors are further instructed to verify advertised products through official SEC channels before executing trades via conventional or digital mediums.
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