Lagos - The Nigerian Stock Exchange (NSE) has announced new minimum
operating standards for all licenced dealing members to ensure long-term
investor protection, reports Leadership.
The new standards, which affect all the three classes of dealing members -
broker dealers, brokers and dealers, would address the five broad important
areas of operation.
The areas included manpower and equipment, organisational structure and
governance, effective processes, global competitiveness and technology.
Tinuade Awe, NSE Head, Legal and Regulation Division, said the objective
behind the introduction of the new standards, was to transform operators with
new minimum operating standards that would be easy to comprehend and implement.
Read more at Leadership.
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