Update On Renewal Of Registration By Capital Market Operators

The Securities and Exchange Commission (“the Commission”) refers to its previous Circulars and e-mail dated 28th June 2021 on the renewal of registration of Capital Market Operators.

Capital Market Operators are hereby informed that the Commission has re-opened its renewal portal (www.eportal.sec.gov.ng) to enable Operators that have not renewed their registration for 2021 to do so.

The portal will remain open from 12th August 2021 to 31st August 2021. Please note however that penalties for late registration would continue to accrue from 1st May 2021. 

Capital Market Operators who fail to renew their registration within the referenced timeframe would in addition to monetary penalties for continuing violation, be suspended from operating in the market and may also be subject to further sanctions as deemed appropriate by the Commission.