...warns investors to cease dealings
The Securities and Exchange Commission has revoked the operating license of capital market operator Kensington Agro Trading Limited, with immediate effect.
In a circular dated 9 February 2026, the capital market regulator said the action was taken “pursuant to the powers of the commission under Section 61(6) of the Investments and Securities Act, 2025, and Rule 34(1) of the SEC Rules and Regulations 2013, as amended.”
The notice confirmed that the company’s registration as a capital market operator, specifically as a commodity broker/dealer and collateral manager, had been withdrawn. No reason was given for the decision.
“The Securities and Exchange Commission hereby notifies the general public of the revocation of the registration of Kensington Agro Trading Limited as a capital market operator (Commodity Broker/Dealer and Collateral Manager) with immediate effect.
“The revocation of the company’s registration is invoked pursuant to the powers of the Commission under Section 61(6) of the Investments and Securities Act, 2025, and Rule 34(1) of the SEC Rules and Regulations 2013, as amended.
“Accordingly, Commodity Exchanges, the investing public, commodity traders, and all Capital Market Stakeholders are advised to discontinue capital market-related dealings with the company,” the circular signed by the management noted.
The regulator also cautioned investors and market participants to refrain from any capital market transactions with the firm following the revocation.
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