Market regulation more efficient with technology – SEC


 


 
The Securities and Exchange Commission (SEC) has said that regulation of the market in a technology driven era is now more efficient and that is why it is stepping up its use in regulation to ensure that investors in the capital market are adequately protected. 
 
In a statement by Head Corporate Communications at the SEC, Efe Ebelo, on Sunday, the Acting Director General, Ms. Mary Uduk who stated this when she spoke with newsmen at the weekend.
 
 
Uduk said the Commission will continue to deploy technology in its regulation duties. 
 
She said, “Our regulation is becoming better and more efficient. We are able to tap into data we could not tap into before, so these now make regulation easier and more efficient and make us better able to protect investors. 
 
“We have also continued to encourage the members of the capital market community to embrace technology to make it easier for themselves and investors to invest. These days we have a lot of improvements, as now most stock broking firms have platforms you can just log in and buy on your own. 
 
 

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