What are the functions of Security and Exchange Commission in Nigeria?

The function of the Securities and Exchange Commission is to regulate investment and securities business in Nigeria. Investment and securities business in Nigeria is carried out in the capital market. The capital market plays very important role in the development of any economy.

How do you check if a company is registered with SEC in Nigeria?

Please visit the Securities and Exchange Commission website, http://www.sec.gov.ng, to check the status of a public firm registered with the corporate commission. This website offers a database of all SEC-registered companies’ information, which is updated within 24 hours after receipt.

How much does Security and Exchange Commission pay corpers?

A Corp member in Lagos earns an average of N30,000 per month at their place of primary assignment.

How do I register a company with SEC in Nigeria?

Requirements for Registration as Securities Exchange

1. Evidence of Payment of Filing/Application Fee – N50,000 (Fifty Thousand Naira);
2. Evidence of Payment of Processing Fee – N200,000 (Two Hundred Thousand Naira);
3. Evidence of Payment of Registration Fee – N1,000,000 (One Million Naira);

What is the main function of the Securities and Exchange Commission?

The Securities and Exchange Commission (SEC) is a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.

What are the 5 functions of SEC?

Most of the Nigeria Security and Exchange Commission responsibilities and the expected functions are below:

1. Regulations Of Capital Market.
2. Scrutinizes Applications To Capital Market.
3. Scrutinizes Security Issues To Investing Public.
4. Licenses Of Transaction Floors And Exchanges.
5. Transacts Mergers, Acquisitions, Takeovers.

How do you know if a company is SEC regulated?

For the registration status of a public company registered with the SEC, please visit the SEC’s website, at http://www.sec.gov/edgar/searchedgar/webusers.htm. This site contains the EDGAR database of electronic SEC filings, which are posted to the site within 24 hours of their receipt.

Is Piggyvest registered with SEC?

Piggyvest is a platform that helps individuals and businesses manage their finances effectively – save and invest with ease. All saved funds are now warehoused with and managed by AIICO Capital, the leading asset management company in Nigeria, registered and licensed by the Securities and Exchange Commission (SEC).

What is the salary of NYSC?

National Youth Services Corps Salaries

Who needs to register with the SEC?

Firms that manage more than $25 million in assets in under management and have at least one managed account need to register with the SEC or the state(s) in which they are located and/or doing business.

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