March 18, 2025
SEC to Publish ‘Name and Shame’ List of Defaulting Capital Market Operators
Business News

SEC to Publish ‘Name and Shame’ List of Defaulting Capital Market Operators

SEC to Publish ‘Name and Shame’ List of Defaulting Capital Market Operators

The Securities and Exchange Commission (SEC) has suspended Centurion Registrars Limited, along with its directors and sponsored individuals, from participating in the capital market.  

In a statement titled “Additional Enforcement Measures on Erring Capital Market Operators”, the SEC advised Centurion Registrars’ clients to contact Africa Prudential Plc for guidance. This move is part of the commission’s 2025 efforts to tighten regulation and enforce compliance in the sector.  

Also Read: Nigeria to Save ₦5 Billion Annually Through Digital Filing, Says  NACETEM

The SEC also announced plans to publish a “Name and Shame” journal listing operators found guilty of regulatory violations. The commission says this aligns with its zero-tolerance stance on market infractions.  

Meanwhile, the SEC has revoked the registration of Mainland Trust Limited over regulatory non-compliance and unresolved complaints against the firm.

Leave feedback about this

Uncategorized

Uncategorized

Uncategorized