The Chartered Institute of Stockbrokers was established in 1990 and chartered by Act 105 of 1992. Prior to the granting of the Charter, the Institute was known as The Nigerian Institute of Stockbrokers, a company limited by guarantee.
The Institute is the professional body statutorily responsible for regulating the practice of stockbroking in Nigeria.
Section 1(i)(a) of the Institute’s Charter mandates the Institute to determine the standards of knowledge and skill required for members of the Institute.
The apex organ of the Institute is the Governing Council, which is ably assisted by a Management team. The Institute also has a Members’ Disciplinary apparatus which operates in line with the statutory provisions entrenched in its Charter.
