Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets Fixed Income Securities

SEC urges capital market operators to maintain professionalism

Advocates measures that will make the market more transparent and attractive investors.

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
February 11, 2022
in Securities
Reps raise alarm over N200 billion unclaimed dividends in 2020, the Capital market, Lamido Yuguda assumes duty as new DG of Security and Exchange Commission, SEC promise to intensify monitoring, surveillance of market operators

Director-General of the SEC, Lamido Yuguda

Share on FacebookShare on TwitterShare on Linkedin

The Securities and Exchange Commission (SEC) has reiterated the importance of capital market operators acting professionally and ethically in the performance of their responsibilities.

During a meeting with the Chartered Institute of Stockbrokers (CIS) in Abuja, SEC Director-General Lamido Yuguda remarked that this will make the market more transparent and attract investors.

While requesting CIS’s assistance in the commission’s efforts to strengthen professionalism and good behaviour in the capital market, Yuguda praised the institution for collaborating with the commission and expressed the hope that the partnership would continue.

RelatedPosts

Nigeria’s SEC says its Capital Market Master Plan is protecting investors, enhancing market confidence

Nigeria’s Securities and Exchange Commission warns against unregistered crowdfunding platforms

What the SEC boss is saying

Yuguda said, “CIS has supported the SEC in our various initiatives in the past and we hope that this support will continue with the various initiatives we plan to roll out this year.We, therefore, urge the CIS to encourage its members to uphold the Code of Ethics of the profession and as contained in the Rules and regulations of the commission.”

The SEC’s DG emphasized the necessity of a positive working relationship between the regulator and the Self-Regulatory Organizations (CROs), claiming that this would result in a more vibrant capital market.

News continues after this ad


According to him, both parties must work in harmony to produce a transparent capital market in which the parties complement and reinforce one another.

“With all the initiatives we are rolling out, we are all heading towards a more robust and vibrant market. Only recently, in a bid to curb poor market conduct, the SEC resolved to intensify monitoring and surveillance of the market and vowed to apply stiff sanctions to any operator who engages in unethical conduct,” he said.

News continues after this ad


Yuguda said because market operators are the face of the market, there is a need for them to prioritise the interest of investors and demonstrate high level of integrity in conducting their activities.

Related

Tags: Lamido YugudaSECSecurities and Exchange Commission

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Consumer Goods-led sell-off sees NGX start the week shedding N19 billion
    • Banks, organised private sector seek increased forex allocation to real sector
    • Oil prices slump by 5% on weak China economic data, expected Iran supply

    Follow us on social media:

    Recent News

    EFG Hermes, Impact of COVID-19 pandemic on consumer packaged goods in Nigeria

    Consumer Goods-led sell-off sees NGX start the week shedding N19 billion

    August 15, 2022
    Banks warn customers against violation of CBN forex directives

    Banks, organised private sector seek increased forex allocation to real sector

    August 15, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com