Investors Forum

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Direct cash settlement: No more fraudulent stockbroking

It has happened to many investors. Your stockbroker helps you to sell your shares. You had instructed him to sell at any price because you need the money urgently. He sells the shares at N20 per share but tells you he sold at N18 per share. Or the broker uses your money for his expenses and tells you he is yet to sell the shares. These unethical practices have caused many investors to lose confidence in the stock market and hence discouraged from investing in the market.

SEC sets up monitoring team for e-DMMS

IN response to the several complaints from Investors Forum over the Electronic Dividend Mandate Management System (e-DMMS) portal, the Securities and Exchange Commission (SEC) has set up a monitoring team to monitor compliance with the implementation of the initiative.

NIPF: SEC to compensate 580 complainants

THE Securities and Exchange Commission (SEC) has announced the official take-off of the National Investors Protection Fund (NIPF) and conclusion of arrangement to compensate a total of 580 investors whose claims have been successfully verified.

Re: SEC, investors and e-dividend portal

Last week, Investors Forum received the following emails from two readers with respect to the Electronic Dividend Mandate Management System (e-DMMS) portal.

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