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SEC approves NSE rule on nominal transfer of shares

SEC approves NSE rule on nominal transfer of shares

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By Peter Egwuatu The Securities and Exchange Commission, SEC has approved the Nigerian Stock Exchange, NSE amended rule 15.34 which relates to Nominal Transfer of shares of listed companies in the capital market. The NSE, in a circular disclosed that the approved rule becomes effective on 11th August 2019. According to the rule, “No security
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