SEC Proposes Rule for Processing Fees Payable for the Registration of ETD Products

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Friday, May 21, 2021 / 04:57 PMby SEC Nigeria Header Image Credit: Capindia


The Securities and Exchange Commission has today proposed a new rule for processing fees payable for the registration of exchange-traded derivative (ETD) products. Details of the proposed rule are stated below.


New Rule

  • Proposed Rule for Processing Fees Payable for the Registration of Exchange-Traded Derivative Products
  • Filing Fee per Contract N100,000
  • Processing Fee per Contract N500,000 flat fee



The Commission is of the view that the filing fee should be a standard fee chargeable for all transactions. In addition, since there is no value attached to the contract, a flat fee of N500,000 per contract is reasonable.


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.

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