Regulatory Alerts2019-12-24
Sec New Rules And Ammendments 23 December 2019
The Securities and Exchange Commission (SEC) Nigeria has reviewed and approved new rules and amendments to existing regulations in accordance with the Investments & Securities Act (ISA) 2007. These changes include new rules on derivatives trading, central counter parties (CCP), and registration of fixed income securities. Major amendments address collective investment schemes, while sundry amendments cover fidelity bonds and minimum disclosure requirements for public companies on their websites. These updates aim to enhance market integrity, investor protection, and the smooth operation of trading activities within the Nigerian financial market.