The Securities and Exchange Commission (SEC) emphasizes the significance of investor education in fostering the growth and stability of the capital market.
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, underscored the significance of ongoing investor education in fostering the growth and development of the capital market.In a meeting held in Abuja with the management of the
Investments and Securities Tribunal, Agama highlighted the crucial role of
investor education in empowering individuals to make informed investment
decisions and fostering confidence in the capital market.
“We need to continue constant education in the capital
market. The market is knowledge-based, and we are committed to ensuring that
information is made available to the investing public”, he said.
As per Dr. Agama’s insights, the SEC will maintain its
collaborative efforts with pertinent stakeholders to expand educational
opportunities. “We will do more training and sensitization because it is
important we continue to learn.”
The Investments and Securities Tribunal (IST) received
praise from Dr. Agama for its pivotal role in resolving capital market
disputes. Dr. Agama emphasized the IST’s significance as a crucial entity in
effectively addressing and resolving capital market disputes.
It Is worth noting that as more cases are resolved, the
investing public will start to recognize and value the significant role played
by the IST in the capital market.
“The decisions on cases bring about confidence, which is
needed for the nation to have a fledgling capital market,” Dr. Agama said. He
assured that the SEC is committed to partnering with the IST on the
dispensation of justice and growth of the capital market.
In his remarks, the Chairman of IST, Amos Azi, said the
Tribunal was established to address investor confidence and protection through
a specialized dispute resolution system. “Suffice to say, this one initiative
has set the pace for similar regulatory climes all over the world,” he said.
Mr. Azi highlighted that the esteemed Tribunal has
adjudicated over 480 cases, amounting to a substantial monetary value exceeding
N868 billion.