SEC issues warning to illegal fund managers …C0NTINUE READING HERE >>>
The Securities and Exchange Commission, SEC, has warned entities engaging in illegal fund management activities to desist forthwith or be ready to face the law.
The Director-General of the Commission, Dr Emomotimi Agama, issued the warning in Abuja on Sunday ahead of the World Investor Week (WIW).
Agama said the Commission’s enforcement mechanisms would be fully deployed to fish out anyone perpetrating illegal activities within the investment climate of the country.
Agama said that Section 13(a) of the Investments and Securities Act 2007, gave SEC powers to regulate Investments and…
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