SEC Proposes New Rule and Sundry Amendments to its Rules on Penalties Disclosure

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Monday, July 12, 2021 / 09:00 PM / By SEC Nigeria / Header Image Credit: Pexels

 

The Securities and Exchange Commission (SEC) has proposed a new rules for Public Companies and Capital Market Operators to disclose penalties and sanctions imposed on them by SEC in their Audited Financial Statements.

 

The Commission also proposed sundry amendments to Rule 8 and Schedule I

Find below details of the proposed new rules and sundry amendments


Summary


New Rule 

New Rule for Public Companies and Capital Market Operators to disclose penalties and sanctions imposed on them by SEC in their Audited Financial Statements

 

Sundry Amendments 

Proposed amendment to Rule 8 (Exemptions)

Proposed amendment to Schedule I (Registration Fees, Minimum Capital Requirements, Securities and Others).

 

DOWNLOAD DOCUMENT HERE

 

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


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Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

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