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SEC to punish 12 fund managers

The Securities and Exchange Commission says it shall engage the 12 respective Trustees and Directors that failed to appoint new fund managers for the...

SEC to amend regulatory requirements of fund managers

Following revocation of licences of some failed investment firms, the Securities and Exchange Commission (SEC) is set to amend its regulatory requirement of fund...

SEC sets Dec. 18 deadline for customers of defunct Fund Management Firms to submit claims

The Securities and Exchange Commission (SEC) has set a deadline of December 18, 2019, for the submission of claims for customers of the 53...

Persons behind fall of Fund Management Companies to face 5-year ban SEC

The Securities and Exchange Commission (SEC) has said that persons whose actions and inactions resulted in the collapse of Fund Management Companies in the...

SEC urges businesses to explore financing opportunities on capital market

The Securities and Exchange Commission (SEC) has asked business owners to look beyond traditional banking for medium and long term credit support.According to the...

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