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    UK Court awards £20m Damages in favour of Nigeria against P&ID

    FG, States, LGs share ₦2.00 Trillion for month of July 2025

    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

    Onitsha River Port receives first container barge for 2025 season

    Onitsha River Port receives first container barge for 2025 season

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    President Buhari commissions the new US$100m Ultra-modern MMIA Terminal

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    Conoil Plc reports 88.8% drop in profit to N900 million in H1 2025

    Brent crude oil price rise above $70 on OPEC projections

    OPEC+ agrees to increase oil production for September

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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    • Economic Data
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    • Companies
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    Shareholder’s resolutions at Guaranty Trust Bank’s Annual General Meeting

    GTBank gets ₦365.85 billion capital injection, meets new minimum capital requirement

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    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

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    NGX Daily Equities Market Report: Market gains for third consecutive days

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SEC Sets May 31 Deadline for Registration Renewal for Market Operators

Tuesday, 11 May 2021, 2:11 pm
in Markets, Stocks/Equities
0
SEC Sets May 31 Deadline for Registration Renewal for Market Operators
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The Securities and Exchange Commission (SEC) has set a May 31, 2021 deadline for registration renewal by capital market operators after which defaulters will be ineligible to operate in the market.

This was contained in a statement on the regulator’s website published yesterday, Monday the 10th of May, 2021 and signed by its management.

It read, “The Securities and Exchange Commission (SEC) wishes to inform all registered Capital Market Operators (CMOs) that in line with the requirements for renewal of registration, all CMOs are required to complete the renewal process on or before April 30, 2021.”

It continued, “Consequently, all CMOs are expected to note the following;

“Late filing for renewal of registration shall only be entertained from May 1, 2021 to May 31, 2021.

“The names of CMOs which have renewed their registration shall be published on the SEC Website/National Daily Newspapers and communicated to the relevant Securities Exchanges and Trade Associations for their notification.

“CMOs yet to renew their registration after May 31 2021, shall not be eligible to operate in the capital market.”

According to the Commission, the aim is to reduce “incidences of unethical practices by CMOs and to strengthen supervision and monitoring of the operators.”

It also said that it had reviewed its rules and reintroduced the requirements for annual registration renewal of by all CMOs, maintaining that “This process will be carried out electronically in order to ensure efficiency.”

Azuka Edokobi
Azuka Edokobi

Azuka Edokobi is a Writer , a Farmer, a Supply Chain Expert and an Entrepreneur

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