The Securities and Exchange Commission (SEC) says the Money Market Learn Strategy (CMMP) initiatives have helped in marketing transparency, safeguarding traders and maximizing market place confidence.

The commission said this in a assertion on Sunday in Abuja.

The assertion mentioned that the commission unveiled the 10-12 months CMMP in November 2014 and had continued to apply the initiatives.

It claimed the initiatives were built to reposition the country’s market as an attractive expense spot and vital facilitator of money formation for the accelerated advancement and growth.

In accordance to SEC, some of the initiatives that have been implemented consist of direct dollars settlement and regularisation of multiple subscriptions.

Other people are the introduction of the digital dividend management program and dematerialisation of share certificates.

The fee mentioned that it was all set to maintain its second Cash Marketplace Committee (CMC) meeting for trade of suggestions among the industry stakeholders.

It said the assembly would be an avenue to present opinions to the SEC on how to continually deal with challenges, boost market place functions and increase its regulatory framework.

”It is an business-broad committee comprising users of SEC, associates of capital industry operators, trade teams and other stakeholders.

”During the conference, concerns on implementation of the 10-uear CMMP, Fintech roadmap, the commodities investing ecosystem roadmap and matters relating to the overall economy will be talked about,” SEC claimed.

It extra that predicted participants at the meeting involve Main Govt Officers of all registered cash market place companies-broker/sellers, investment advisers, custodians and fund/portfolio managers, amongst many others. (NAN)