The Securities and Exchange Commission in a recent circular to registered brokers/dealing members has urged to disclose to any dealings in a Security valued at a minimum of 500,000 units executed in a single deal or in multiple deals on the same day on behalf of his clients or on his own account not later than 24 hours after such activity.
This is in accordance to Rule 56 (1&2) (c) of the Rules and Regulations of the Securities and Exchange Commission.The Commission request all Capital Market Operators registered as Brokers, Dealers or Broker Dealers to henceforth comply with the Rule.