This Directive is issued by the Securities and Exchange Commission (hereinafter referred to as “the SEC”) pursuant to sections 3, 140, 159, 160 and 209 of the Securities Industry Act, 2016 (Act 929) with respect to opening, maintenance and operation of Trust Accounts held by Capital Market Operators (hereinafter referred to as “Licencees firms”).   2.0    Scope and Application...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act, 2016 (Act 929) 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.Section 138 of the Securities Industry Act, 2016 (Act 929) requires tha...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act 2016 (Act 929) 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. SEC hereby issues this notice pursuant to Section 208 of the Securities...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act, 2016 (Act 929) 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. In accordance with section 165 of the Securities Industry Act, 2016 (...

These Guidelines are issued by the Securities and Exchange Commission (hereinafter referred to as “SEC”) pursuant to Sections 3 and 209 of the Securities Industry Act, 2016 (Act 929) to allow Issuers and other Capital Market Operators to hold Electronic or Virtual Annual General Meetings (AGMs) with no physical meeting location... The full directive can be downloaded here...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act 2016 (Act 929) 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... UPDATE ON APPOINTMENT OF FUND MANAGERS FOR 18 COLLECTIVE INVESTMENT ...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act 2016 (Act 929) 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. In an effort to digitize and streamline its operations, with effect fr...

The Securities and Exchange Commission (SEC) hereby issues this Notice pursuant to Section 3 and 209 of the Securities Industry Act, 2016 (Act 929). In furtherance to the President of the Republic’s exercise of powers under the Imposition of Restrictions Act, 2020 (Act 1012) to impose a restriction on movement of persons, the Securities and Exchange Commission (SEC) issues this Notice t...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act 2016 (Act 929) 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. The SEC issues this NOTICE to Issuers and Market Operators on a dispens...

In furtherance to the government's public directives on the Coronavirus (COVID-19) Pandemic, the Securities and Exchange Commission (SEC) issues this circular to Market Operators and Investors in the Securities Industry for the protection of staff, investors, customers and the securities industry as a whole: Licensed Market Operators are enjoined to strictly observe all government dir...