The Securities and Exchange Commission, SEC Wednesday, disclosed that it is taking steps to reduce transaction costs in the Nigerian capital market, to shield investors from high charges.
She explained that the responsibility of the SEC was to ensure that investors are not shortchanged in any transactions in the market and therefore urged them to participate in the market to grow it. Uduk further stated that investors are also protected through the National Investors Protection Fund, NIPF, Risk Based supervision that enables the SEC to supervise the operators to ensure that they do not do what they are not supposed to do.
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