SEC reopens head office, promises to protect investors

The Securities and Exchange Commission says following the Federal Government’s partial easing of the lockdown measures introduced to minimise the spread of COVID-19 across Nigeria, it has reopened its head office in Abuja.

Even as SEC promised to continue to protect investors in the capital market, it reminded regulated entities of the need to make adequate disclosures on the impact of COVID-19 on their businesses.

These were contained in a circular by the commission providing updates on the pandemic to stakeholders in the capital market on Monday.

According to the circular, in compliance with the various guidelines issued by relevant authorities, SEC office is open to members of the public between 10am and 1pm on Mondays, Wednesdays and Fridays

It said it had advised stakeholders to use the SEC’s various e-channels to communicate and interact with the commission and that physical visits should only be considered as a last resort.

Other guidelines issued by the SEC are that all meetings and events will be convened electronically until further notice; all filings shall continue to be received electronically; all visitors will be subjected to temperature checks and hand sanitization before gaining access to the commission’s building; and visitors are expected to wear face masks and abide by social distancing rules while present in the commission’s facility.