By BUUMBA CHIMBULUAN innovation to enhance protection of investment in the capital markets called Sandbox has been launched by the Securities and Exchange Commission (SEC).The Sandbox aims to provide a framework to facilitate for the live testing of capital markets innovations under a controlled environment, designed to protect investors and done over a specified period.This is designed to protect investors and prevent loss of investment in the capital markets, says SEC Chief Executive Officer, Phillip Chitalu.Mr Chitalu said yesterday in Lusaka during the launch of the Sandbox that SEC was aware of the need to protect investors while the markets were venturing into the digital world to ensure that capital markets in Zambia could use innovations to develop.“We are cognisant of the fact that at the centre of developing is to ensure that if people were to invest into your platforms, they will not lose their investments.“Loss of investments will result in reduced confidence on […]
SEC launches ‘Sandbox’ to protect investors
