Regulatory Alerts2025-03-14
Notice of Cancellation of Registration of Mainland Trust Limited
The Securities and Exchange Commission has immediately cancelled the registration of Mainland Trust Limited as a capital market operator due to its failure to comply with regulatory directives and unresolved complaints. Issued under Section 38(4) of the Investments and Securities Act, 2007, the order directs the Nigerian Exchange Group, CSCS, and related trade associations to discontinue all capital market dealings with the company. Affected clients are advised to contact the Central Securities Clearing Systems Plc to facilitate the transfer of their stocks to a new stockbroker.
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