SEC TO UNVEIL PLANS FOR CAPITAL MARKET AT UPCOMING MEETING
SUMMARY:
The Securities and Exchange Commission (SEC) is preparing to present its vision for the Nigerian capital market at the Second Capital Market Committee (CMC) Meeting scheduled for August 14 in Lagos. This initiative aligns with President Bola Tinubu’s Renewed Hope Agenda and aims to enhance the market’s role in fostering economic growth and development.
Key Points:
1. Meeting Objectives:
- The SEC, led by Director General Emomotimi Agama, will outline strategies to attract investment, improve market efficiency, and safeguard investor interests.
- The agenda includes reviewing reports from technical committees and market infrastructures, with a focus on emerging market trends.
2. Stakeholder Involvement:
- The CMC meeting will gather stakeholders such as CEOs of registered capital market firms, brokers/dealers, investment advisers, custodians, and fund/portfolio managers.
- Discussions will cover the current market landscape, regulatory frameworks, and future growth strategies.
3. Vision and Goals:
- The SEC aims to foster an investment climate that embraces innovation and sustainability while protecting investors.
- The meeting serves as a platform for dialogue and collaboration to address key issues and promote a dynamic and innovative capital market.
SUMMARY:
The Securities and Exchange Commission (SEC) is preparing to present its vision for the Nigerian capital market at the Second Capital Market Committee (CMC) Meeting scheduled for August 14 in Lagos. This initiative aligns with President Bola Tinubu’s Renewed Hope Agenda and aims to enhance the market’s role in fostering economic growth and development.
Key Points:
1. Meeting Objectives:
- The SEC, led by Director General Emomotimi Agama, will outline strategies to attract investment, improve market efficiency, and safeguard investor interests.
- The agenda includes reviewing reports from technical committees and market infrastructures, with a focus on emerging market trends.
2. Stakeholder Involvement:
- The CMC meeting will gather stakeholders such as CEOs of registered capital market firms, brokers/dealers, investment advisers, custodians, and fund/portfolio managers.
- Discussions will cover the current market landscape, regulatory frameworks, and future growth strategies.
3. Vision and Goals:
- The SEC aims to foster an investment climate that embraces innovation and sustainability while protecting investors.
- The meeting serves as a platform for dialogue and collaboration to address key issues and promote a dynamic and innovative capital market.