**SEC Takes Tough Stance Against Unregistered Capital Market Operator** In a move aimed at sanitizing Nigeria's capital market, the Securities and Exchange Commission (SEC) has revoked the registration of Kensington Agro Trading Limited, a commodity broker and dealer, with immediate effect. This decision will strip the company of its authority to operate in the market, effectively rendering it unable to engage in capital market activities. The revocation is in line with the powers vested in the Commission under Section 61(6) of the Investments and Securities Act, 2025, and Rule 34(1) of the SEC Rules and Regulations 2013. Market participants, including commodity exchanges, investors, and traders, have been cautioned to avoid entering into transactions or maintaining business relationships with the firm, as it is no longer a registered operator. While the reasons for the revocation were not specified, regulatory actions like this are typically taken in line with the Commission's mandate to ensure compliance with extant laws, protect investors, and maintain market integrity. The SEC's action is part of its ongoing enforcement drive to ensure that only duly registered and compliant operators are permitted to function within the ecosystem. This development serves as a reminder to stakeholders and members of the public to verify the registration status of capital market operators through official SEC channels before engaging in investment-related transactions. The Commission's commitment to upholding transparency, investor protection, and strict adherence to regulatory standards is unwavering. In a country where the capital market has immense potential for growth and development, regulatory bodies like the SEC play a crucial role in maintaining investor trust and confidence. By taking swift action against unregistered operators, the Commission is sending a strong signal that it will not tolerate non-compliance with regulatory standards. As Nigeria's economy continues to evolve, the need for a robust and transparent capital market cannot be overstated. The SEC's efforts to sanitize the market and ensure strict adherence to regulatory standards will go a long way in building investor confidence and promoting market growth.