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SEC restates commitment to investor protection



The Securities and Exchange Commission (SEC) has restated its determination to ensure adequate protection of investments in the capital market.

A statement by the commission said its Acting Director-General, Ms Mary Uduk, gave the assurance at a meeting with the Association of Corporate Trustees (ACT) in Abuja on Wednesday.

In her remarks, the President of ACT, Mrs Tokunboh Ajayi, said members of the association were committed to attracting investors to the market without burdening them with costs.

Ajayi commended SEC on its efforts in transaction costs reduction.

“This market is dynamic and that is why as a group we keep on evolving and devising ways to make the market better.

“We will continue to render our best and ensure our members operate within the confines of the rules and regulations in the market,” she said.

Edited by Wale Ojetimi

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