Stringent measures are necessary to sanitize capital market —CEO, Highcap Securities

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David Adonri, Managing director/CEO, Highcap Securities  Limited, in this interview with Financial Vanguard, spoke on some actions taken by the apex regulator of the Nigerian capital market, investors’ confidence and his expectations on the third quarter corporate performance in 2017, among others. Excerpt

WHAT is your take on some actions taken by the Securities and Exchange Commission, SEC against some operators in the Nigerian capital market in recent times?  

Activities of Capital Market Operators (CMO) are firmly regulated because of the delicate and sensitive nature of the capital market. To sustain investors’ confidence and uphold the trust and integrity of the Nigerian capital market, the regulators, especially, apex regulator, SEC enforce the rules and regulations that guide operations vigorously. Contraventions are mercilessly dealt with.

•David Adonri, MD/CEO,…



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