Companies facing action
Companies Facing Enforcement Action (As at March 2011)
|
|
Name of Company |
Nature of Enforcement action |
Reason |
Date of Suspension |
Remarks |
|
1 |
Sikon Securities Limited |
Suspension |
Unauthorised sale of clients shares |
November 2,2009 |
Still in force |
|
2 |
Fortress Capital Limited |
Suspension |
Unauthorised sale of shares belonging to client. |
March 4,2011 |
Still in force |
|
3 |
Monument Securities & Finance Limited |
Suspension |
Unauthorised sale of shares belonging to client. |
March 4,2011 |
Still in force |
|
4 |
Midland Capital Market Limited |
Suspension |
Failure to pay client return on investment and part of the principal sum invested. |
March 15,2011 |
Still in force |
|
5 |
Foresight Securities and Investment Limited |
Suspension |
Breach of share purchase and resell agreement entered into with client |
March 4,2011 |
Still in force |
|
6 |
AAA Stockbrokers Limited |
Suspension |
Unethical capital market conduct |
April 2006 |
Closed business |
|
7 |
Beachgrove Securities Limited |
License revoked |
Unethical capital market conduct |
2007 |
Closed business |
|
8 |
Akitorch Securities Limited |
License revoked |
Unethical capital market conduct |
2007 |
closed business |
|
9 |
Midlands Investment and Trust Co. Ltd. |
Suspension
|
Yet to pay penalty for non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
10 |
Mayfield Investment Ltd. |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
11 |
First Integrated Capital Management Ltd. |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
12 |
Epic Investment Ltd. |
Suspension |
Yet to pay penalty for non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
13 |
Zuma Securities Ltd. |
Suspension |
Yet to pay penalty for non-non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
14 |
SLAMAD Securities Ltd |
Suspension |
Yet to pay penalty for non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
15 |
Dolbic Finance Ltd |
Suspension |
Yet to pay penalty for non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
16 |
IMTL Securities Ltd |
Suspension |
Yet to pay penalty for non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
17 |
Tropics Securities Ltd |
Suspension |
Yet to pay penalty for non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
18 |
Wema Securities & Finance Plc |
Suspension |
Yet to pay penalty for non- rendition of quarterly returns |
May 10,2010 |
Still in force |
|
19 |
New Horizon Securities Ltd |
Suspension |
Yet to pay penalty for non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
20 |
Lynac Securities Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
21 |
Indemnity Finance Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
22 |
Global Investment and Securities Ltd |
Suspension |
Yet to pay penalty for non- rendition of quarterly returns |
June 8,2010 |
Still in force |
|
23 |
IT IS Securities Ltd |
Suspension |
Yet to pay penalty for non-rendition of quarterly returns |
June 8,2010 |
Still in force |
|
24 |
HP Securities Ltd |
Suspension |
Yet to pay penalty for non -rendition of quarterly returns |
June 8,2010 |
Still in force |
|
25 |
Folu securities Ltd
|
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
26 |
First Marina Trust Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
27 |
First Marina Trust Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
28 |
Equator Stockbrokers Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
29 |
City Finance and Securities Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
30 |
Riverside Trust Ltd |
Suspension |
Yet to pay penalty for non –rendition of quarterly returns |
June 8,2010 |
Still in force |
|
31 |
Peak Securities Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
32 |
Omnisource Intl. Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
33 |
Professional Stockbrokers Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
34 |
Kingsway Securities Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
35 |
Richmond Securities Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
36 |
Niche Securities Ltd |
Suspension |
Yet to pay penalty for non rendition of quarterly returns |
June 8,2010 |
Still in force |
|
37 |
Viva Securities Limited |
License revoked |
Unethical Capital Market practises |
2007 |
Closed business |
|
38 |
Halsec Securities Limited |
License revoked |
Unethical Capital Market practises |
2007 |
Closed business |
|
39 |
Asset Plus Securities Limited |
License revoked |
Unethical Capital Market practises |
2007 |
Closed business |