Tag Archives: Securities and Exchange Commission

SEC To Unleash Fresh Crackdown On Ponzi Schemes In 2025

The Securities and Exchange Commission (SEC) has emphasised that protecting  investors remains a cornerstone of its mission assuring  that the Commission will intensify efforts to stamp out Ponzi and pyramid schemes while paving the way for legitimate investment opportunities to thrive in 2025.

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NG Clearing Limited, Acquires Clearing, Settlement Technology For Its Operations

Following the receipt of an approval in principle from the Securities and Exchange Commission (SEC) in September 2020, to clear and settle exchange traded derivatives instruments, Nigeria’s premier central counterparty, NG Clearing Limited, on Tuesday announced that it has signed an agreement with a leading software development firm, Mantissa Infotech Private Limited, for the development, implementation and maintenance of bespoke clearing and settlement technology for its operations.

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