Wednesday, November 3, 2010

Market infractions: Disquiet as SEC releases incomplete offenders’ list

Bartholomew Ebong
The Securities and Exchange Commission has released 36 more names from the list of 260 entities and individuals it dragged to the Investments and Securities Tribunal on July 27, 2010 for alleged violation of capital market rules.

The new list is coming three months after the commission released the first batch of 71 names, bringing the total number of names released so far to 107.

The former Managing Director, Union Bank of Nigeria Plc, Mr. Bartholomew Ebong, directors of the bank and its subsidiaries; and Managing Director, Falcon Securities Limited, Mr. Peter Ololo, are among those on SEC’s latest list, which was released on Tuesday.
Read More:http://www.punchng.com/Articl.aspx?theartic=Art201011035494950

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