Flagship Practice Area
Capital Market Legal Advisory (SEC Operator Licensing)
One of our flagship practice areas. We guide businesses through every legal and regulatory stage of becoming a licensed Capital Market Operator (CMO) in Nigeria.
Flagship Practice Feature
Complete 10-Step SEC Capital Market Licensing Guidance
Our flagship practice guides businesses through every regulatory stage of becoming a licensed Capital Market Operator (CMO) in Nigeria — from initial business audit to SEC inspection readiness and ongoing compliance.
PILLAR 01
Stage 1: Business Audit & Licence Selection (Steps 1–3)
Evaluating business models and selecting appropriate SEC operator licences.
Services Included:
Business Model Regulatory Scope Audit
Selecting Licence Type (Fund Manager, Portfolio Manager, Issuing House)
Corporate Structuring & Share Capital Audit
PILLAR 02
Stage 2: Regulatory Documentation & SEC Application (Steps 4–5)
Preparing statutory documentation and managing the licensing application.
Services Included:
Form SEC 2 & MOA/AOA Regulatory Customization
Eligibility Assessment & Document Verification
Application Preparation & SEC Submission
Pre-Approval Audit Readiness
PILLAR 03
Stage 3: Product Structuring & SEC Product Approval (Steps 6–7)
Legal structuring and approval for investment products.
Services Included:
Mutual Funds, Money Market Funds & Dollar Funds Setup
Collective Investment Schemes (CIS) & Portfolio Structuring
Trust Deeds & Information Memoranda Drafting
SEC Product Approval & Disclosure Documents
PILLAR 04
Stage 4: Inspection Readiness & Post-Licensing Compliance (Steps 8–10)
Preparing for on-site SEC inspections and ongoing governance.
Services Included:
Mock Compliance Reviews & On-Site Inspection Readiness
Regulatory Inspection Response & Remediation
Post-Licensing Quarterly Compliance Returns
Continuous Capital Markets Legal Advisory
Key Sector Regulators Mapped
Our team maintains direct experience dealing with regulatory authorities for this practice:
SEC NigeriaCentral Bank of Nigeria (CBN)NGX / FMDQ