The incidence of market infractions and the almost helpless position of retail investors in the hands of market operators remain a pertinent issue the regulators continue to work on and one that requires the support and active engagement of all stakeholders if the Nigerian Capital Market is serious about recapturing its enviable status as of the fastest growing open market in the world.

To neglect such a serious component of market confidence and trust is akin to willingly working to undermine the efforts of the NSE/SEC to date and furthermore, its role role of effective regulatory framework to whip the market into the desired path while turning a deaf ear will only be to the chagrin of the entire economy.

The leadership of the Nigerian Stock Exchange and the Securities & Exchange Commission have both declared a zero tolerance approach towards infractions and unethical practices in the market in line with best practice. This has played no small role in the recovery and build up of the market post the financial crisis. Any help towards addressing such is a welcome development towards restoring market confidence.

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