Proshare Logo
   Market Date: 26-11-2014   
Agriculture ARTS FINANCE All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Personal Finance Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs Stock PICKS Taxation Telcos Travel & Tours Unlisted OTC MARKET World of Business

NSE revokes licences of 10 brokerage firms over malpractices; 48 declared inactive

Category: Capital Market


  Read (3946)
NSE revokes licences of 10 brokerage firms over malpractices; 48 declared inactive

Friday, February 10, 2012
 

Kindly find below the list of Dealing Member Firms whose licenses were either revoked, considered inactive or/and unactivated as at Friday, 10th February, 2012:



 

Summary of Sanctions
i. Dealing Member Firms whose licenses are revoked - 10  

ii. Dealing Member Firms who are Inactive - 48 

iii. Dealing Member Firms whose licenses are inactivated - 27


DEALING FIRMS WITH REVOKED LICENSES

1.    Apex Securities Limited

2.    Asset Plus Securities Limited

3.    Beachgroove Securities Limited

4.    Broadeage Securities Ltd

5.    IMB Morgan PLC ( Morgan Trust Ltd)

6.    Jenkins Investment Limited

7.    Prudent Stockbrokers

8.    Source Finance & Trust

9.    Thomas Kinsley Securities Limited

10. Viva Securities Limited

INACTIVE DEALING MEMBER FIRMS

 1.    AAA Securities Limited

2.    Adamawa Securities Limited

3.    Belfry Investment & Securities Limited

4.    BIC Securities Limited

5.    CEB Securities Limited

6.    Colvia Securities Limited

7.    Consolidated Investment Limited

8.    Dakal Services Limited

9.    Dependable Securities Limited

10. Empire Securities Limited

11. Express Discount Asset Management Limited

12. Epic Investment Trust Limited

13. Equator Stockbrokers Limited

14. First & Foremost Investment Limited

15. First Atlantic Securities Limited

16. Folu Securities Limited

17. FIS Securities Limited

18. Genesis Securities & Investment Limited (Ibadan)

19. HALSEC Finance

20. Ideal Securities Limited

21. Indemnity  Finance Ltd

22. Lion Stockbrokers Limited

23. Metropolitan Trust Nigeria Limited

24. Midland Capital Markets Limited

25. Midlands Investment & Trust Limited

26. Molten Trust Limited

27. ML Securities Ltd

28. Perfecta Investment & Trust Limited

29. Pivot Trust & Investment Co. Limited

30. Professional Stockbrokers Limited

31. Regency Finance Ltd

32. RIV Trust Securities Limited

33. Riverside Trust Limited (Kaduna)

34. Securities Trading & Inv. Co.

35. Sikon Securities and Investment Trust Limited

36. Supra Commercial Trust Company Limited

37. Transglobe Investment & Finance Company Limited

38. Tropics Securities Limited

39. Vision Trust & Investment Limited

40. Wema Asset Management Limited

41. WizeTrade Capital & Asset Mgt Ltd

42. Yobe Investment & Securities Limited

43. Zuma Securities Limited

44. Alliance Capital Management Company Limited

45. Monument Sec & Finance Ltd (Kano)

46. Omas Investment & Trust Company Limited

47. Platinum Capital Limited

48. First Equity Securities Limited

UNACTIVATED LICENSES

1.    African Alliance Stockbrokers Limited

2.    Al-pina Investment & Trust Co. Limited

3.    Arthur Stevens Asset

4.    Barakat Investment Limited

5.    Bauchi Investment Corp. Sec Limited

6.    BBL Asset Mgt Ltd

7.    Bosson Capital Assets Limited

8.    CDL Capital Markets Limited

9.    Crescent Capital Limited

10. Dealers Assets Management Limited

11. Edgefield Capital Management Limited

12. Enabell Capital & Investment Limited

13. GilJohn Capital Limited

14. Integrated & Allied Securities Limited

15. KFF Worldwide Solutions Limited

16. Kingdom Securities Limited

17. Mc-Finerco Investment Limited

18. Merit Securities Limited

19. MultiTrust Securities Limited

20. Ocean Securities & Stockbrokers Limited

21. Silver & Gold Securities Limited

22. Standard Chartered Securities Ltd

23. Trans Lux Services Limited

24. First Express Limited (Ilorin)

25. Royal Guaranty & Trust Ltd

26. Truebond Capital & Asset Management Ltd

27. Afro-Arab Investment Limited

 

Source: NSE

 



Tags: , 



Comment With Your Facebook or Yahoo! ID


Latest news


News on Capital Market

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Newsletter
Contact Us
Volunteer Program
Message from CEO
Resources

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
WebTV
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

#1minNews
News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Newsletters
Discussion Forum
Policy

Subscriber Agreement
Privacy Policy
Data Policy
Disclaimer
Copyright Policy
Trademarks
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Training
Legal Support Services
Web/Technology Services
File a Complaint