The Karachi Stock Exchange (Guarantee) Limited’s launch of investor education and awareness program

Karachi, July 12, 2012 (PPI-OT): Investor education is widely recognized as being crucial for the sustainable growth of financial markets, ensuring investor protection and bolstering confidence in the markets. It helps investors making informed decisions and indentifying unscrupulous investment schemes and unfair market practices. More importantly it improves outreach of financial markets and assists in bringing new investors and funding into the markets.

In Pakistan, lack of adequate financial literacy and capability coupled with inadequate level of understanding and due-diligence makes investors vulnerable to fraudulent activities and unwise investment decisions as they ignore basis prudent measures before entering into a contractual agreement with a financial services provider. Comparative regional statistics reflect that Pakistan has the lowest indicators for saving and investment environment, such as insurance penetration, participation in pension and mutual funds, and low investors base in the capital markets resulting in low volumes and lack of liquidity.

Keeping this in mind, the Securities and Exchange Commission of Pakistan and Institute of Capital Market along with key non bank financial market stakeholders namely Karachi Stock Exchange, Lahore Stock Exchange, Islamabad Stock Exchange, Pakistan Mercantile Exchange, Central Depository Company, National Clearing Company, Mutual Funds Association of Pakistan and the Insurance Association of Pakistan have developed a nationwide Investor Education and Awareness Program targeting various segments of society from university students to retired individuals and general public with an aim to create awareness of various financial products and instil a savings culture in Pakistan.

The SECP and the Karachi Stock Exchange are pleased to invite you to participate in the launching ceremony of the Program which will be held on Friday 13th July 2012, at 10 am, at the Karachi Stock Exchange Building, Karachi. Detailed agenda of the program is attached.

Kindly send your confirmation to the following email address: investor.education@secp.gov.pk

Agenda: Launch Ceremony of Investor Education Program

Karachi Stock Exchange Trading Hall, Karachi
Friday, July 13, 2012 – 10.00 a.m. to 12.30 p.m.

10.00 Session to start with recitation from Holy Quran

10.05 Opening address by Chairman Securities and Exchange Commission Pakistan (SECP), Mr. Muhammad Ali

10.25 Address by Commissioner SECP Mr. Imtiaz Haider

10.35 Address by Executive Director SECP, Mr. Akif Saeed and CEO Institute of Capital Markets (ICM). Mr. Javed Hasan
Measures taken by the SECP for investor Education
The role of ICM
Overview of the investor education program

11.20 Address by Partnering Institutions
Exchanges
Central Depository Company (CDC)
Mutual Funds Association of Pakistan (MUFAP)

11.40 Launch of Investor Education Program and handing over of Torch and responsibilities from Chairman SECP to ICM.

11.45 Q and A Session for Audience

12.00 Interaction of Chairman SECP, Commissioner SECP, CEO ICM and partnering institutions with media

12.15 Hi-Tea

For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk