The Securities and Exchange Commission (SEC) has suspended all physical meetings and visits to its offices till further notice,  owing to the second wave of the COVID-19 pandemic.
This is contained in a circular by the commission on Monday in Lagos, as it issued guidelines to regulated entities and capital market stakeholders.
In the circular, the SEC said the decision was  to protect investors and not disrupt activities in the capital market noting that its operations would  now become fully electronic.
The commission, which described the market-focused adjustments as temporary, encouraged capital market operators and other stakeholders to conduct meetings and other engagements virtually.
It also advised public companies to take appropriate precautionary measures as recommended by the federal and state governments as well as the Nigeria Centre for Disease Control (NCDC).
This is to ensure  safety of shareholders and participants at their Annual General Meetings and Extra-Ordinary General Meetings and other meetings which might  be held during the prevalence of the pandemic, it said.
According to it,  the adjustments became necessary to sustain the actualisation of SEC’s regulatory mandate and maintain the integrity of the Nigerian capital market during this challenging period.
“We will continue to issue updates to market stakeholders as appropriate and closely coordinate with other financial regulators and governmental authorities.
“For now, all applications should be made electronically to some dedicated email addresses,”it said.
The circular also advised that for the registration of funds and other relevant filings, a mail should be sent to cis@sec.gov.ng.
The commission said the registration of securities, public offers, mergers and acquisition, debt issuances and others could  be done to offerapplications@sec.gov.ng, with fresh applications for registration of capital market operators and pending applications and requests by CMOs for an update of information forwarded to registration@sec.gov.ng.