New Rules and Amendments to the Rules and Regulations of the Securities and Exchange Commission, Nigeria

This document introduces new regulatory frameworks for derivatives trading and central counterparty (CCP) operations, including comprehensive requirements for registration, risk management, and clearing processes. It establishes major amendments to collective investment schemes, such as tighter constraints on related-party transactions and clearer definitions for fund classifications. Finally, it mandates specific website disclosures for public companies regarding corporate governance and updates insurance policies for dealing members of securities exchanges.

SEC published 2 documents in the last 30 days — get each new one by email the day it lands.

NEW RULES AND AMENDMENTS TO THE RULES AND REGULATIONS OF THE COMMISSION

Pursuant to the Investments & Securities Act (ISA) 2007, the Commission has reviewed and approved the following new Rules and Amendments to its existing Rules and Regulations as follows:

New Rules

a. Rules on Regulation of Derivatives Trading b. Rules on Central Counter Party (CCP)
c. New Rule on Registration of Fixed Income Existing Securities

Major Amendments

d. Amendment to Rules on Collective Investment Schemes

Sundry Amendments

e. Amendment to Rule 27- Fidelity Bond f. Amendment to Rule 42: Creation of sub-rule (6)- Minimum Disclosure Requirements by Public Companies on their websites

[... The document continues with detailed definitions, registration requirements, operational procedures for Derivatives, CCPs, CIS, and updated corporate disclosure requirements ...]

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it