Circular

The Securities and Exchange Commission wishes to bring to the notice of the general public and Capital Market Operators (CMOs) of its rules and regulation on Warehousing and Collateral Management Rules.

These Rules were developed to provide a regulatory framework for the operations of Warehouses that store commodities to be traded on Commodities Exchanges, Collateral Managers and issuance of Electronic Warehouse Receipts. It also provides for the rights, rules and responsibilities of participants in Commodities Exchanges.

The Rule can be accessed on the Commission’s website https://sec.gov.ng/regulation/rules-codes/