Naija market no dey sleep o! E be like say SEC don drop bombshell for market operators with new capital requirement wey go kick in for June next year. Dem talk say this new policy go make some brokers and asset managers dey sweat plenty.
As e be now, the capital requirement don jump like ten times from wetin dem dey use for 2015. Na wah! This kind wahala fit make many small firms pack their bags comot, plus e go dey discourage retail investors wey no too get money. Wetin come happen to competition and liquidity for market?
Na true say SEC dey try to protect investors but at the same time, dem need to balance am. For Naija market, na small brokers dey help the everyday hustle of we common people. Na dem dey carry market go forward, dey connect us to wealth through shares and all those fine investments. If dem go just push dem aside, wetin go happen to our investment dreams?
For market, you fit find only about 10% of big players wey dey handle more than 60% of trade value. But who dey cater for those mom and pop investors wey wan enter market with small change? Na the small stockbrokers go fit do am! SEC need hear this gist: make dem no use bank-level capital requirement measure for retail operators wey no dey take big risks but instead dey help market dey balance.
Time dey tick, and SEC suppose see wetin go happen when dem implement this new structures. If dem no fit adjust am well, we fit dey see significant drop in participation from smaller firms and that go be disaster for our economy.
Make we no forget history o! Last time dem try talk about minimum capital, e lead to many small firms closing down shop. Na wetin we need be inclusion and fair play for all players, so that Naija market go shine bright like diamond!
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