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SEC may step into Stock Exchange crisis

•Mismanagement alleged •Bankruptcy not ruled out An opportunity appears to have been opened for the Arunma Otteh-led Securities and Exchange Commission (SEC) to push its agenda of full regulatory oversight following a fresh allegation of financial impropriety against the management of the Nigerian Stock Exchange (NSE) which grossed a hefty N42.2 billion income in four years.
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Added July 29, 2010
from Businessday Nigeria