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SEC to impose stiffer sanctions on DCS, e-mandate defaulters

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SEC to impose stiffer sanctions on DCS, e-mandate defaulters

The Securities and Exchange Commission, SEC, will henceforth impose tougher sanctions on registrars and dealing member firms of the Nigerian Stock Exchange, NSE, that try to frustrate the on-going e-dividend registration geared towards reducing the quantum of unclaimed divided and the direct cash settlement (DCS) initiative.

Continue reading SEC to impose stiffer sanctions on DCS, e-mandate defaulters at Vanguard News Nigeria.

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