SEC to crack down on investment fraud, plans capital market radio
The Securities and Exchange Commission has warned individuals and entities engaged in illegal fund management activities, cautioning them to desist immediately or face severe legal consequences.
The Commission also reiterated plans to establish a capital market radio that will disseminate information on the capital market and investment opportunities available therein to Nigerians at the grassroots.
The Director General of the Securities and Exchange Commission, Emomotimi Agama, said this in a statement issued yesterday in Abuja.
Agama said the Commission’s enforcement mechanisms will be fully deployed to fish out anyone who is perpetrating illegal activities within the investment climate in Nigeria.
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