About the Investment and Securities Act 2007
The Investment and Securities Act is a Nigerian Law that provides a set of new market infrastructures and wide-ranging system for the regulation of investment and securities business in Nigeria.
Some key provisions
- Repeals the Investment and Securities Act 1999
- Establishes the Securities and Exchange Commission
- Regulations on Mergers, Acquisitions, Take-Overs, and Collective Investment Schemes
- Registration and regulation of Capital Market Operators
- Registration and regulation of securities
- Control and regulation of IPOs
You can read the full provisions of the law here – The Investment and Securities Act 2007
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