How
We Function

Market Regulation: Protecting Investors and Market Integrity

Registration

In the capital market where precision is paramount, the SEC meticulously defines the parameters for market participation. From securities and exchanges to futures and options, we establish the standards, allowing only fit and proper persons to participate in the highly dynamic landscape.

Inspection

Transparency and accountability are at the heart of our mission. To maintain market integrity, we conduct regular information calls, inquiries, and comprehensive audits of market participants. Our rigorous inspections serve as a cornerstone of trust in the financial ecosystem.

Surveillance

To maintain a level playing field, we maintain vigilant surveillance over exchanges and trading systems. By doing so, we thwart potential breaches of market rules and detect manipulative practices. Our watchful eyes ensure a fair and orderly marketplace.

Investigation

When the integrity of the market is called into question, our dedicated investigative arm springs into action. We dive deep into alleged breaches of market laws and regulations, and when required, we enforce sanctions to uphold the rule of law.

Enforcement Actions

At the SEC, we leave no room for compromise when it comes to market integrity. We swiftly take actions against market operators found in breach. These actions may include fines, bans, suspensions, or legal proceedings. Our robust enforcement measures are the bedrock of trust and confidence in the market.

Rule Making

In an ever-evolving financial landscape, we remain adaptable. We continually align our regulations with international best practices, ensuring our market remains competitive and attuned to global standards. Our commitment to excellence drives our rule-making process.

Market Development: Fostering Investor Participation

In the realm of market development, we collaborate with stakeholders to encourage investor participation through various activities:

• Workshops, Seminars, and Town Hall Meetings: We facilitate knowledge- sharing and engagement through events that empower investors with valuable insights.
• Introduction of e-Processes like e-Dividend: Embracing technology to simplify processes and enhance the investor experience.
• Educational Initiatives: We promote financial literacy through quizzes, essays, and the introduction of capital market studies in tertiary institutions.
• Publications and Media Programmes: Our informative publications and media programmes disseminate market-related information to a wider audience.

How We Work

• Governance: We operate under the Investments and Securities Act 29 of 2007, which provides the legal framework for our activities.
• Leadership: Our nine-member Board, supported by a four-member Executive Management Committee, steers our strategic direction.
• Dedicated Team: With over 354 dedicated employees across 4 Directorates, 3 Zonal Offices, 17 Departments, and 59 Divisions, we form a robust force in the financial services sector.
• Adaptability: We continuously adapt to the dynamic financial landscape by conducting research and holding enlightenment programmes to educate the public about the capital market.