2019-06-27
The Liberian Legislature enacted this Act to establish and empower the Securities Exchange Commission of Liberia as the primary regulatory authority for the nation's securities markets. The legislation mandates comprehensive licensing, oversight, and compliance requirements for stock exchanges, clearing houses, central securities depositories, credit rating agencies, and investment business operators. It further codifies strict disclosure obligations, prospectus standards, client asset safeguarding rules, and enforcement mechanisms to ensure market integrity and investor protection.