SEC vows tougher crackdown on Ponzi schemes in 2025.
The Securities and Exchange Commission has pledged to crack down on Ponzi and pyramid schemes in 2025 as part of its efforts to protect investors.
The Securities and Exchange Commission has pledged to step up its efforts to crack down on Ponzi and pyramid schemes in 2025, with a focus on developing Nigeria's commodities market. This intensified crackdown is part of the commission's broader strategy to protect investors and promote fair market practices. As part of this effort, the SEC aims to enhance its surveillance and enforcement capabilities to detect and prevent such schemes from operating in the country. The agency will also work closely with other regulatory bodies to ensure a cohesive approach to tackling these types of financial scams.
