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Investor Presentaiton

OVERVIEW At a Glance • Head Office: Abuja, Nigeria Seven Zonal Offices: Lagos, Kano, Port Harcourt, Kaduna, Ibadan, Onitsha & Maiduguri ● 16 Departments • 590 Employees Who We Are (The The Securities and Exchange Commission Commission) was established in 1979 as a government agency to regulate and develop the Nigerian capital market. It derives its mandate from the Investments and Securities Act (ISA), No. 29, 2007. The Commission is the apex regulatory body of the Nigerian Capital Market, responsible for the regulation and development of the market and seeks to protect the rights and benefits of investors with the purpose of ensuring an efficient and widespread participation by the public in the securities market. Its responsibilities include registration of securities offered to the public by corporate entities, collective investment schemes and the government i.e. public issue, private placement, rights issue, as well as the regulation of market intermediaries, mergers, acquisitions, takeovers and all forms of business combinations. Core Objectives The Commission's objectives include: . ensuring the existence of a stable, orderly, transparent, fair, efficient and viable market that protects investors and is internationally competitive; effectively enforce the ISA, 2007, Rules & Regulations and Codes made pursuant thereto as well as other relevant laws. • maintain zero tolerance for market abuses; . develop and deepen the market by promoting the introduction of new products and processes; contribute to the nation's economic growth and development. Vision Statement To be Africa's leading capital market regulator. Annual Report and Accounts 2013 - Securities & Exchange Commission 4
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