SEC: Capital Market Operators get April 30 deadline to renew

SEC: Capital Market Operators get April 30 deadline to renew licences


SEC: Capital Market Operators get April 30 deadline to renew licences
On
By Obas Esiedesa
THE Securities and Exchange Commission, SEC, has given Capital Market Operators, CMO, April 30, 2021, as deadline to renew their operation  licences.
Director General of SEC, Mr. Lamido Yuguda who briefed journalists on the outcome of the first quarter Capital Market Committee meeting held virtually on Thursday, said licence renewals will now be periodical.
He explained that the “rationale for this is to ensure that operators in the market are fit and proper at all times and to strengthen the supervision and monitoring activities of the Commission. The renewal process is electronic and the deadline for 2021 renewal is 30th April, 2021”.

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