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FinTech: ‘SEC to regulate tech application in capital market’

FinTech: ‘SEC to regulate tech application in capital market’

In its desire to transition towards a technology driven capital market as well as protect investors, the Securities and Exchange Commission, SEC, has said that the Commission would soon come out with regulations that would guide such products in the capital market. SEC’s Acting Director-General Ms. Mary Uduk made this known during the presentation ofRead More
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Annual report: How inconsistent leadership forced SEC to breach own rules

Annual report: How inconsistent leadership forced SEC to breach own rules

When news filtered in that the SEC had not audited its financial statement in nearly five years, many
The post Annual report: How inconsistent leadership forced SEC to breach own rules appeared first on – The Sun News. …

US SEC Again Rejects Winkelvoss Twins Bitcoin Fund

Kung – Fu Federation ready for Africa challenge

  US market regulators on Thursday again rejected a proposal to allow trading in the first Bitcoin-based exchange-traded fund created by noted tech entrepreneurs Cameron and Tyler Winklevoss. The Securities and Exchange Commission denied the request in a 3-1 vote, upholding the rejection handed down last year. The value of Bitcoin, a digital currency not … Continue reading US SEC Again Rejects Winkelvoss Twins Bitcoin Fund
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LIVE: NASS, SEC, Others Hold 2nd Capital Market Forum

  The National Assembly, the Securities and Exchange Commission and other financial regulatory agencies, are holding their second Stakeholders’ Forum on the Capital Market. According to the Chairman of the House of Representatives’ Committee on Capital Market and Institutions, TeeJay Yusuf, the theme of this year’s conference is, “capital Market As A Catalyst for Economic Growth … Continue reading LIVE: NASS, SEC, Others Hold 2nd Capital Market Forum
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SEC okays ASHON as trade group

SEC okays ASHON as trade group

Red Star Express Board of Directors at the weekend announced that it has recommended payment of N236 million to shareholders of the company as cash dividend for the immediate past year. The company had distributed same amount in the previous year. Shareholders will receive a dividend per share of 40 kobo, implying a dividend yieldRead More
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