Regulatory Alerts2020-06-14
Official Disclaimer on Alleged Resignation of Ms. Mary Uduk as SEC DG
The Securities and Exchange Commission clarifies that Acting Director General Ms. Mary Uduk has not resigned nor handed over her duties, as she awaits the arrival of newly cleared DG Mr. Lamido Yuguda. The Commission explicitly confirms that no send-forth party is being organized for Ms. Uduk, directly contradicting recent media reports. Capital market stakeholders and the general public are therefore advised to disregard the false publication regarding her departure.
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