SEC’s Proposed New Rules and Amendments For E-dividends, Transmission of Shares, DCS etc

Proshare - Facebook Proshare - Twitter Proshare - Linked In Proshare - WhatsApp
Wednesday, March 13, 2019    05.15PM / By SEC  / Header Image Credits:

All comments and input should be forwarded by e-mail to the Secretariat, Rules Committee of the Commission, at or by letter addressed to the Director-General, SEC, not later than two (2) weeks from date of publication.

New Rules

  1. Proposed Rules on E-Dividend Mandate
  2. Proposed Rules on Transmission of Shares
  3. Proposed Rules on Direct Cash Settlement (Re-Exposure) 

Major Amendments

  1. Proposed amendment to Rules on Related Parties Transaction and Conflict of Interest
  2. Proposed amendment to Rules on Collective Investment Schemes (Re-Exposure)

Sundry Amendments

  1. Proposed amendment to Rule 14- Appointment of Compliance Officer
  2. Proposed amendment to Part C (Schedule I) – Securities Offering

Download Full Exposure Draft Here

Proshare Nigeria Pvt. Ltd.

Related News

1.       The Court Of Appeal Decision In SEC Vs. Big Treat Plc and 5 Others

2.      SEC Issues Public Notice on Default in Repayment on Visionscape Bond

3.      SEC Introduces Changes To Filing Of Consent Letters and Executed Offer Document

4.      EU and Global Securities Regulators Welcome Agreement on Data Transfer

5.      IOSCO Members Report Having Mostly Implemented Secondary Market Principles

6.      Emerging Market Regulators Consult On Recommendations Related To Sustainable Finance

7.      CPMI-IOSCO Assessment Concludes That Switzerland Has Generally Implemented The PFMI

8.     SEC, NIPC Collaborate to Attract Investors

9.      IOSCO Statement On Disclosure Of ESG Matters By Issuers

10.  IOSCO Issues Good Practices To Assist Audit Committees In Supporting Audit Quality


Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News