SECP holds sessions on risks of capital market

Aims to create awareness, protect public from fraud and scams

APP March 14, 2020
PHOTO: FILE

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has said that, through its investor awareness and protection programme, it has been interacting with audiences to educate them about risks and scope of the capital market, insurance and non-banking financial sectors.

During these interactive sessions, according to the SECP, it aims to create awareness of how to protect the public from financial fraud and scams.

In the fiscal year 2018-19, the Investor Education Department signed seven memorandums of understanding (MoUs) with the private and public sector universities and institutions.

Combating money laundering: SECP proposes tweaks in company laws

Following the MoUs, the SECP has conducted 110 awareness seminars in many cities including Islamabad, Lahore, Karachi, Peshawar, Quetta, Swabi, Gujranwala, Faisalabad and Multan, according to an annual report issued by the SECP.

These events included classroom awareness sessions, mentoring women entrepreneurs and start-ups, incentives-based stock trading competition among groups of university students, etc.

Awareness sessions were also conducted for far-flung areas such as Skardu, Khuzdar and Gilgit through video conferencing.

Published in The Express Tribune, March 14th, 2020.

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