Securities and Exchange Commission of Pakistan holds seminar on Financial Literacy

Islamabad, February 08, 2016 (PPI-OT): Under its Jamapunji campaign the Securities and Exchange Commission of Pakistan (SECP) organized an investor education and awareness seminar for the students of Business Management at the Institute of Management Sciences, Peshawar. The event was organized in collaboration with the Career Development Centre of IMS and a large number of students enthusiastically attended the event. The program started with a brief introduction of the IMS and its achievements.

The students were briefed on the SECP and its role as an apex regulator of the nonbanking financial sector, followed by a discussion on the significance of savings and personal financial planning for the students. The students were briefed on the significance and impact of savings from an early stage and its benefits in the long run through small but regular investments. The discussion focused on capital markets and mutual funds and their functions as potential investment avenues.

Dr. Muhammad Mohsin Khan, director, IMS, thanked the SECP for taking such an important initiative. We are imparting theoretical knowledge about finance and other areas, he said. However, it is extremely important that students need to have market-based knowledge.

Today’s students are going to be the future investors of capital markets and other investment avenues, and for them it is crucial to have a practical understanding of savings and investments. The bifurcation of legal and illegal investment avenues is critical for securing them from potential frauds. He also highlighted the need to have more activities of this nature so that the upcoming students can also benefit from the market-based knowledge.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +92-51-9252323 and +92-51-9252324
Fax: +92-51-9252325 and +92-51-9252326