Chartered Institute of Stockbrokers (CIS) wsa firstly known as the Nigerian Institute of Stockbrokers, the Chartered Institute of Stockbrokers has been in existence since 1990. It was initially incorporated as a private company limited by guarantee and was later chartered in 1992 by the Act 105 of the Federal Republic of Nigeria. It is the only professional body in Nigeria empowered to conduct qualifying examinations into stockbroking profession and regulate the activities of the members and for matters connected therewith.