2016 capital market quiz launched
The Director-General (DG) of the Security and Exchange Commission (SEC), Dr Adu Anane Antwi, has said investor interest in the capital market and investment instruments in general will grow if Ghanaians are properly educated on the operations and benefits of that segment of the financial market to their everyday life.
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That, he said, was a necessary ingredient to the growth of the market hence the decision by SEC to actively educate the populace on the industry.
Dr Antwi who said this at the launch of the 2016 Capital Market Quiz in Accra, underscored the need for Ghanaians to be educated on the capital market.
Citing the mission statement of the commission, he indicated that investor education was a mandatory requirement of SEC in the country.
He noted that the primary mission of the commission is to protect investors and maintain the integrity of the security market.
Dr Anywi said as more and more first-time investors begin to look upon the securities market as an alternative investment opportunity and as a means of securing their future, paying for homes, and educating children, these goals are more compelling than ever.
“But we undertake it under the overall goal of investor protection. The SEC believes that investor education is the right thing to do as it informed investors as one of the key drivers to the growth of securities,” he said.
Capital market quiz competition
Meanwhile, the 2016 edition of the capital market quiz competition for students in about 32 second cycle institutions in the Greater Accra Region was launched at a ceremony in Accra.
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This is being organised by the SEC as part of their public education campaign and strategy towards the development of the capital market in the country.
“The competition, which has been an annual programme, is the first of its kind in the country and is part of measures by SEC to educate children at the tender age on the operations and benefits of the industry,” Mr Antwi said.
“It is expected to complement the ‘child finance club,’ an online platform that brings students in the upper schools together to discuss investment-related issues which are aimed at catching investors while young,” he explained.