In order to effectively and efficiently carry out the objectives of securities regulation as embedded in the Investments and Securities Act (The Act), the Securities and Exchange Commission (The Commission), has prescribed these Consolidated Rules and Regulations.
CONTENT GUIDE
PART A
A1. Rules of General Application
A2. General Rules on Registration of Capital market Operators
A3. Post-registration Compliance Requirements by Capital Market Operators
and other Regulated entities
PART B
Regulation of Public Companies([SECRR(A) March 2010]
PART C
Regulation of Capital Market Operators
C1. General Provisions
SPECIFIC PROVISIONS
C2. Brokers/Dealers and Jobbers
C3. Sub-broker
C4. Market Maker
C5. Issuing Houses
C6. Underwriters
C7. Fund/Portfolio Managers
C8. Investment Advisers
C9. Registrars
C10. Trustees
C11. Banker to an issue
C12. Rating agency
C13. Custodian of Securities
C14. Depository and Participants
C15. Securities Clearing and Settlement Company.
PART D
Capital Market Experts or Professionals
PART E
Regulation of Securities Exchanges and Transactions on Exchanges, Capital Trade Points
and other Self-Regulatory Organizations
E1.General Provisions
E2. Securities Exchanges
E3. Capital Trade Points
E4. Inter- Dealer Broker
E5. Over the Counter Market.
E6. Commodity and Futures Exchanges
E7. Self-Regulatory Organizations and Trade Associations
PART F
Registration of Securities
Regulation of Distribution of Securities
F1. Public Offer
F3. Private Placement by Public Companies
PART G
G 1. Regulation of Conduct of Securities Business
G2. Margin Lending.
G3. Securities Lending and Borrowing
G4. Trading in Securities
PART H
Regulation of Foreign Investments and Cross-border Securities Transactions
H 1. Foreign Investments
H2. Cross-border Securities Transactions
PART I
Regulation of Mergers, Take-Over and Acquisitions
I 1. Mergers
I 2. Acquisition
I 3. External Restructuring
I 4. Take-Over
PART J
Regulation of Collective Investment Schemes
J 1. Unit Trust
J2. Money Market Fund
J3. Islamic Fund
J4. Investments by Collective Investment Schemes in Unlisted Securities
J5. Fund of Funds and Feeder Funds
J 6. Real Estate Investment Schemes
J 7. Specialized Funds
PART K
Fixed Income Securities
A. Borrowing by Federal, States, Local Governments, Government Agencies and Supra nationals
B. Corporate Bonds
C. Sukuk
PART L
Regulation of Solicitation and Use of Proxies
PART M
Administrative Procedures
PART N
Miscellaneous Rules
SCHEDULES
SCHEDULE I
Registration Fees, Minimum Capital Requirements, Securities and Others
SCHEDULE II
Penalties/Fines
SCHEDULE III
Forms
SCHEDULE IV
Information, Returns and Reports Required to be Filed by Public Companies, Capital
Market Operators, Collective Investment Schemes and other Self-Regulatory Organizations
SCHEDULE V
Report on Securities and Use of Proceeds
SCHEDULE VI
Basis of Computation of Bid and Offer Prices for Collective Investment Schemes
SCHEDULE VII
Method Of Calculation Of Annual Turnover Or Assets To Be Applied In Relation
To Merger Thresholds
SCHEDULE VIII
Rules of Procedure of S.E.C. Administrative Proceedings Committee (APC)
SCHEDULE IX
Code of Conduct for Capital Market Operators and their Employees
SCHEDULE X
Code of Corporate Governance for Public Companies
SCHEDULE XI
Anti-Money Laundering/Combating Financing of Terrorism (AML/CFT) Regulations for Capital Market Operators.2013