Circular

PUBLIC NOTICE

Additional Enforcement Measures On Erring Capital Market Operators

In furtherance of the Commission’s unwavering commitment to the maintenance of a zero tolerance for infractions in the Nigerian Capital Market and in line with its revised enforcement strategies, stakeholders and the general public are hereby informed that henceforth, the names of Capital Market Operators (CMOs) found to have violated market laws/regulations would be published in the Commission’s “name and shame” journal. The publication would be in addition to the sanctions/penalties for the respective infractions prescribed in the ISA 2007 and the SEC Rules and Regulations.

This enforcement strategy underscores the Commission’s dedication to safeguarding the integrity and stability of the Nigerian capital market, protecting investors, and ensuring strict adherence to established rules and regulations.

Stakeholders and CMOs are advised to be guided accordingly.

SIGNED

MANAGEMENT