Securities and Exchange Commission Philippines
The Securities and Exchange Commission (SEC), in partnership with The Philippine Stock Exchange, Inc., today rang the bell for financial literacy, kickstarting the two-month celebration of World Investor Week and Investor Protection Week.
he World Investor Week is a global campaign by the International Organization of Securities Commissions (IOSCO) that encourages securities commissions around the world to promote investor protection and financial literacy in their respective jurisdictions.
This year, the SEC is encouraging the public to heed the IOSCO’s guidelines in becoming an investor, so that they may protect their hard-earned money and avoid fraudulent entities.
The IOSCO defines a smart investor as one who researches investment opportunities independently, avoids “get rich quick” schemes, and never discloses personal information on an unexpected call or other communication.
A smart investor should also verify that the investment professional they are transacting with is duly licensed; understand the risks that exists in all investments, and plan for investments based on their future needs and goals.
Moreover, a smart investor realizes the value of sustainable finance, whether it be environmental, social, and governance investing, socially responsible investing, or impact investing.
The SEC will continue to host different events throughout the month of October, as it prepares for the celebration of Investor Protection Week from November 8 to 12.
Tune in to the SEC’s Facebook page as we roll out more activities for World Investor Week.
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