Investor Presentaiton

. • • . effective and objective political and legislative decisions integrated co-operation among regulatory agencies in the finance industry a strong and stable money market encouragement of socio-cultural and religious practices that promote investments in diverse sectors of the economy • the availability of funds • trust and teamwork among the Commission's staff. Functions and Powers Of The Commission The Commission derives its powers from Section 13 of the Investments and Securities Act (ISA) No. 29, 2007, which provides as follows The Commission shall be the apex regulatory organization for the Nigerian capital market and shall carry out the functions and exercise all the powers prescribed in this Act and, in particular, shall- (a) regulate investments and securities business in Nigeria as defined in this Act; (b) register and regulate securities exchanges, capital trade points, futures, options and derivatives exchanges, commodity exchanges and any other recognized investment exchange; (c) regulate all offers of securities by public companies and entities; (d) register securities of public companies; (e) render assistance as may be deemed necessary to promoters and investors wishing to establish securities exchanges and capital trade points; (f) prepare adequate guidelines and organize training programmes and disseminate information necessary for the establishment of securities exchanges and capital trade points; (g) register and regulate corporate and individual capital market operators as defined in this Act; (h) register and regulate the workings of venture capital funds and collective investments schemes in whatever form; (i) facilitate the establishment of a nationwide system for securities trading in the Nigerian capital market in order to protect investors and maintain fair and orderly markets; (j) facilitate the linking of all markets in securities with information and communication technology facilities; (k) act in the public interest having regard to the protection of investors and the maintenance of fair and orderly markets and to this end establish a nationwide trust scheme to compensate investors whose losses are not covered under the investors protection funds administered by securities exchanges and capital trade points; Annual Report and Accounts 2013 - Securities & Exchange Commission 6

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