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SEC to Rebuild e-Dividend Platform to Reduce Unclaimed Dividends

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SEC to Rebuild e-Dividend Platform to Reduce Unclaimed Dividends

16 Dec, 2022

As part of a sustained effort to reduce unclaimed dividends in the capital market, the Securities and Exchange Commission (SEC) has concluded plans to rebuild the e-Dividend Management Mandate System (e-DMMS) platform.
According to the Director-General of SEC, Mr Lamido Yuguda, some measures have been adopted by the agency to increase the number of mandated investors in the e-DMMS scheme.