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Company News from Wednesday, January 30, 2019
Source: Starrfmonline.com
2019-01-30
SEC management
Starrfmonline.com has brought together six financial institutions involved in the management of capital market funds voluntarily asked to cease operations.
They are; HFC Capital Partners Limited, Attai Capital Limited, Serengeti Capital Limited, Indigo Investment Management Limited, Verit Investment Advisory Limited and Waxson Investment and Pension Management Limited.
Confirming the development in a statement dated January 29, the Securities and Exchange Commission stated that it had, after "a thorough badessment of the circumstances, approved their claims".
"The above-mentioned companies are therefore not mandated to carry out fund management activities. Therefore, the Commission wishes to inform the general public that anyone who enters into a transaction with one of these companies or their representatives as fund managers could expose them to avoidable risks, "the statement added. .
The Commission has also badured all investors, market operators and the general public that it is committed to ensuring strict compliance with all rules applicable to capital market operators in order to promote the growth and development of financial markets. 39 an efficient, fair and transparent securities market in which investors and the integrity of the market are protected.
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