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1. Receipt for payment of N5,000:00 (Five thousand naira only) being application fee;
2. Receipt for payment of N100,000.00 (One hundred thousand naira only) being registration fee for
the Company and N10,000.00 (one thousand naira only) for each sponsored individual
3. Duly executed Form SEC 3 for the Company and Forms SEC 2 for sponsored individuals (in
duplicate). Please note that you are to sponsor at least three officers; including a Compliance
Officer who shall be responsible for monitoring compliance with the Investment & Securities Act
(ISA) 2007, Rules and Regulations, notifications, guidelines, instructions etc issued by the
Commission or the Federal Government as par Rule 20 of the Commission`s Rules and
4. Latest Fidelity Insurance Bond for the Company covering at least 20% of your paid-up capital
(please see Rule 45 of the Commissions Rules & Regulations for guidance);
5. Full postal addresses of immediate previous employers, bankers (with Current Account
Number) and nominated referees of sponsored individuals;
6. Profile of the Company which should include among others, brief history of the company,
organizational and shareholding structure, principal officers as well as details of past and present
7. Copy of Certificate of Incorporation (original to be presented for sighting by an authorized officer
of the Commission)
8. Copy of certified MEMART by the Corporate Affairs Commission, with an object clause to perform
Investment Advisory function.
9. Latest audited accounts or audited statement of affairs of the company;
10. Evidence of payment of shares allotted to the shareholders
11. Schedule of duties of the sponsored individuals and copies of their employment letters
12. The name(s) and address (es) of the companys subsidiaries/associated companies ,type of
business and percentage holding
13. Sworn undertaking to keep proper records and render returns as may be specified by the
Commission from time to time (to be notarized);

14. Sworn undertaking to abide by SEC Rules and Regulations and Investments and Securities Act
No.29 of 2007 (to be notarized);
15. Organogram and Operational manual
16. Evidence of payment of shares allotted to the Shareholders.
17. Schedule of duties of the Sponsored Individuals and copies of their employment letters
18. Evidence of minimum paid-up capital of Five Million Naira N5,000,000.00 (I,E Bank balances, fixed
assets, investment in quoted securities etc);
19. Sighted copies of CAC Forms C02 and C07 certified by CAC;

20. Detailed curriculum vitae of sponsored individuals which should include details of activities
arranged from Secondary School to date with dates ( no gap in employment & educational
21. Copies of credentials of sponsored individuals including secondary school and NYSC discharge
certificates ( original to be sighted by SEC )
22. Evidence from the Sponsored Individuals of having the minimum of four years post graduation
experience to perform the corporate investment advisory as par Rule 20 of the Commission`s Rules
and Regulations.
23. Evidence of Identification of the Directors and Sponsored of the Company (International Passport,
tax or utility payment documents).
24. Police clearance report; Sponsored individual should report with two recent passport photographs
to our Lagos zonal office for referral letters to FIIB Alagbon Close, Ikoyi, Lagos.
25. The Managing Director/Managing Partner of the applicant company shall be one of the Sponsored
Individuals of the company.
26. Directors and Principal Officers shall complete Form SEC 2, forward their Curriculum vitae (CV)
and evidence of identification (International passport, Drivers License, tax or utility payment
27. Any other document as may be required by the Commission.