SEC Nigeria Q1 2026 Pre-Registration Training Mandatory for CMOs

• The SEC's Q1 2026 pre-registration training and examination for CMOs, which was scheduled to begin on March 2, 2026, has already occurred.
• The SEC subsequently announced that the Q2 2026 cycle of pre-registration training and examination commenced on June 15, 2026.
• Eligible applicants for the Q2 2026 cycle included those who were invited but did not attend the previous training session in March 2026, those who failed the March 2026 examination, and other eligible applicants.
• The training and examination remain mandatory for all applicants seeking registration as CMOs in Nigeria.
• Lawyers advising clients on registering as CMOs should plan accordingly to meet compliance obligations and registration timelines.

The pre-registration training and examination are part of the regulatory requirements for registering as a CMO in Nigeria.

The Securities and Exchange Commission (SEC) had announced that the pre-registration training and examination for Capital Market Operators (CMOs) for Q1 2026 would begin on March 2, 2026. This training has since occurred. The SEC subsequently announced that the Q2 2026 cycle of pre-registration training and examination commenced on June 15, 2026. This is a crucial development for prospective CMOs who need to complete this step before registering with the SEC. The training and examination are mandatory for all applicants seeking registration as CMOs in Nigeria.

The pre-registration training and examination are part of the regulatory requirements for registering as a CMO in Nigeria. According to the SEC, eligible applicants for the Q2 2026 cycle included those who were invited but did not attend the previous training session held in March 2026, those who participated in the March 2026 training but did not pass, and other eligible applicants. The Commission has made it clear that this is a mandatory step towards registration, and all applicants must complete the training and examination before being registered as CMOs.

Lawyers advising clients on registering as CMOs in Nigeria should take note of the ongoing pre-registration training and examination schedules. The compliance obligations and registration timelines for their clients may be impacted by these developments. Prospective CMOs who fail to complete the training and examination risk being delayed or even rejected from registration. It is essential for all parties involved to plan accordingly and ensure that they meet the necessary requirements.

Lawyers advising clients on registering as Capital Market Operators in Nigeria should note the upcoming pre-registration training and examination schedule, which may impact their compliance obligations and registration timelines.

Source: Original reporting via SEC Circular