SEC DG, Yuguda, Hosts First CMC Meeting

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Goddy Egene

The Securities and Exchange Commission (SEC) will host the first Capital Market Committee (CMC) meeting in 2020 from Thursday August 20 to Friday August 21, 2020. The CMC meeting planned for April 2020 was put off owing to the lockdown imposed by the federal government following the outbreak of the COVID-19.

Due to established protocols on COVID-19 pandemic, the meeting will hold virtually with key stakeholders. The is the first CMC meeting to be hosted since the new Director General of SEC, Mr. Lamido Yuguda and three substantive executive commissioners assumed duty.

The CMC was primarily established to serve as a medium for exchange of ideas among market stakeholders as well as an avenue for providing feedback to the SEC on how to continuously address challenges, improve market operations and enhance the regulatory framework.