The Securities and Exchange Commission (SEC) has urged Capital Market Operators (CMOs) to renew their registrations by January 31, 2025.
A circular from the commission outlines that the annual registration renewal period will run from January 1 to January 31, 2025.
This initiative is designed to ensure that only qualified individuals operate within the Nigerian capital market during the annual renewal process for Capital Market Operators.
The SEC has stressed that CMOs lacking valid registration will face penalties and may be barred from engaging in capital market activities.
In 2021, the SEC reinstated the periodic renewal of registration for capital market operators to maintain an accurate database of all registered and active CMOs in Nigeria.
