SEC engages Armed Forces, Police, others on investment initiatives

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The Securities and Exchange Commission (SEC), in its bid to ensure the proliferation of financial literacy and investors education, has reached...

The Securities and Exchange Commission , in its bid to ensure the proliferation of financial literacy and investors education, has reached out to officers in the Armed Forces, Police, and other Para-military and other agencies on the investment initiatives in the Capital Market, and how to protect their sundry investments.

“While some of us will invest for today, most I believe will take the benefits deep into their retirement years when the energy to work is lost but the benefits of investments will continue to trickle in, to ensure relative financial security even at old age. “When people invest in the Capital Market, they expect returns, they expect to make money. One of it is to be able to protect your dividend and get your dividend as at when due.”

“Therefore, we have given the market a window of opportunity for people that engage in multiple subscriptions to come and regularise those holdings that they have and consolidate them to be able to get the benefits of investing in the Capital Market.”“We also have the National Investor Protection Fund that protects investors arising from problems that Capital Market operators go through other than those of them that are brokers, because brokers own are covered by that of the NSA.

 

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