SEC Holds Capital Market Committee Meeting November 21

By Modupe Gbadeyanka

The third Capital Market Committee (CMC) meeting of the Securities and Exchange Commission (SEC) for 2019 has been fixed for Thursday, November 21, in Lagos.

A notice from the commission said invited stakeholders would precisely gather for the meeting at the Harbour Point, 4 Wilmot Point Road, Off Ahmadu Bello Way, Victoria Island, Lagos.

The next, which is Friday, November 22, 2019, the acting Director-General of SEC, Ms Mary Uduk, will address members of the media on outcome of deliberations at the meeting.

According to the statement released by the agency, attendance to both events is strictly by invitation, while invited participants are expected to come with their identity cards to be admitted into the venue. They have been informed to be seated by 9.45am.

“The 2019 third Capital Market Committee (CMC) meeting has been scheduled to hold on Thursday, November 21, 2019 at the Harbour Point, 4 Wilmot Point Road, Off Ahmadu Bello Way, Victoria Island, Lagos.

“The usual interface with members of the press will hold the following day being Friday, November 22, 2019 at the SEC Lagos Zonal Office, 3, Idejo Street, Victoria Island, Lagos,” the disclosure said.

The CMC meeting is attended by top management staff of the apex capital market regulator headed by the DG. During the meeting, SEC discusses issues bordering on the capital market.

The CMC was established to serve as a medium for the exchange of ideas among market stakeholders, as well as for feedback to SEC on how to continuously improve the market activities and regulation.

It is an industry-wide committee comprising members of the commission, representatives of capital market operators and trade groups and other stakeholders.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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