SEC, Capital Market Committee to hold virtual session over trading ecosystem

The commission said that issues bordering on the implementation of the 10-year Capital Market Master Plan (CMMP), the Fintech Roadmap and other salient matters relating to the economy, would also be discussed.

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The Securities and Exchange Commission (SEC) plans to discuss to brainstorm on charting a roadmap for the commodities trading ecosystem. SEC plans to do that in collaboration with capital market stakeholders.

A statement by the management of SEC released on Sunday says the virtual discussion would hold at the third Capital Market Committee (CMC) meeting scheduled for between November 11 and 12.

The commission said that issues bordering on the implementation of the 10-year Capital Market Master Plan (CMMP), the Fintech Roadmap and other salient matters relating to the economy, would also be discussed.

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SEC listed the participants expected at the CMC meeting to include Chief Executive Officers (CEOs) of all registered capital market firms like brokers and dealers, investment advisers, custodians, fund/portfolio managers.

Others are issuing houses, rating agencies, registrars, reporting accountants, trustees, capital market consultants, Chief Executive Officers of the Nigerian Exchange Group (NGX), National Association of Securities Dealers (NASD); FMDQ Group Plc, among others.

The CMC was primarily established to serve as a medium for the exchange of ideas among market stakeholders.

It also serves as an avenue for providing feedback to the SEC on how to continuously address the challenges of the market.

 

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