SEC moves to tighten online forex trading rules
The Securities and Exchange Commission is set to engage stakeholders on proposed rules for online forex trading, including higher capital requirements. Read More: https://punchng.com/sec-moves-to-tighten-online-forex-trading-rules/
The Securities and Exchange Commission (SEC) is set to tighten online forex trading rules at the 2026 Lagos Finance Summit, with a dedicated Regulation Forum scheduled for October 14 to 16. The proposed rules aim to strengthen regulation of Nigeria’s retail forex and CFD market through higher capital requirements, tighter operational standards, and enhanced protection of customers' funds.
Market participants, including forex brokers, banks, technology providers, and traders, will have an opportunity to examine the proposals and contribute to the regulatory process through the Regulation Forum.
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