1.0       Preamble 1.1       This Circular is issued by the Securities and Exchange Commission (hereinafter referred to as “the SEC”) pursuant to sections 3, 14, and 209 of the Securities Industry Act, 2016 (Act 929) as amended by the Securities Industry (Amendment) Act, 2021 (Act 1062), the Fees and Charges  (Miscellaneous Provisions) Act 2022 (Act 1080) (hereinafter referred to as “...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act, 2016 (Act 929) as amended by Securities Industry Act, 2021 (Act 1062) to promote the orderly growth and development of an efficient, fair, and transparent securities market in which investors and the integrity of the market are protected. This Direct...

Preamble These Guidelines are issued by the Securities and Exchange Commission (hereinafter referred to as “SEC”) pursuant to section 15 of the Securities Industry Act, 2016 (Act 929) amended by the Securities Industry (Amendment) Act, 2021 (Act 1062) for the payment of market levies. The SEC has reviewed upwards the Market Operators’ Levy in view of the fact that they have remaine...