Abuja: The Securities and Exchange Commission (SEC) has called on stockbrokers to maintain the highest standards of professionalism and ethical conduct to ensure a fair and transparent market. The Director-General of SEC, Dr. Emomotimi Agama, emphasized this in a notice addressed to stockbrokers.
According to News Agency of Nigeria, Dr. Agama highlighted the necessity of upholding ethical conduct to foster investor confidence, ensuring that intermediaries managing wealth adhere to the highest standards of honesty and competence. He stated that digitization, ethics, and sustainability are crucial components of modern, inclusive, and resilient capital markets.
“Across the world, capital markets are being reshaped by technological innovation,” Agama noted. He explained that the digital era has introduced new possibilities, such as online trading platforms, digital assets, data analytics, blockchain, and Artificial Intelligence, which are transforming capital raising, investment practices, and supervisory roles.
Dr. Agama pointed out that the commission has embraced technological advancements as an opportunity to enhance efficiency, transparency, and investor protection. He also mentioned active engagement with stakeholders, including the Chartered Institute of Stockbrokers, to improve digital literacy and capacity-building across the market.
“As technology evolves, so must our skills, our ethics, and our shared commitment to fairness and professionalism,” he added. Agama underscored that no amount of innovation could replace the foundational importance of ethics, asserting that a truly transformative capital market must be built on integrity, transparency, and accountability.