The Securities and Exchange Commission always referred to as SEC in Nigeria is a government agency saddled with the responsibility to regulate and develop the Nigerian capital market. They aim to achieve a capital market that is fair, dynamic, efficient, and transparent and also to contribute to the Economic development of the country. The list of 6 online trading platforms SEC placed on their blacklist is what the focus of our discussion on this page will be. Sec regulates the activities of all trading platforms both online and offline. The vision of the commission is to become Africa’s leading capital market regulator.