SECP launches web portal for investors

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) investor education web portal ‘Jama Punji’ was launched by Federal Finance Minister Ishaq Dar on Monday.
The SECP portal would act as a single point learning resource for the existing and potential users of financial products offered in the capital market, ie mutual funds, pension funds, insurance, and company registration.
SECP Chairman Zafarul Haq Hijazi said that in accordance with its mandate, the SECP under its Investor Education Programme was imparting knowledge through digital means – web portal- SMS and social media – and physical interaction via seminars and workshops.
The portal’s features include risk profiler, scam meter, investment check lists, quizzes, games, calculator, stock trading simulator, and information about various financial products. It also provides investors facility to verify company registration, dispute resolution mechanism, and links to complaint registration.
The fully integrated web portal is linked with social media and SMS service.
Memorandums of understanding (MoUs) will also be signed for a comprehensive youth outreach programme for awareness sessions on universities and school campuses. Arrangements are also being made with professional bodies through MoUs.
On the occasion the minister also agreed to consider the proposed section 5-A (Tax on Undistributed Reserves) through finance bill 2015-16, to encourage dividend distribution through Finance Act 1999.