EXAMINING THE ROLE OF SECURITIES LAW IN PROMOTING INVESTOR PROTECTION IN NIGERIA
Who is an investor? An investor is an individual that puts money into an entity such as a business for a financial return. They are those who invest in or subscribe to the shares or debentures of a company by placing their money or other property with the ultimate aim of earning financial benefit, usually referred to as dividends. The main goal of any investor is to minimize risk and maximize return. It is in contrast with a speculator who is willing to invest in a risky asset with the hopes of getting a higher profit. With the advent of the internet, the eyes of the common man have been opened to what investment is, and to some extent, how it works. A lot of people have earned huge dividends from investments, while others have suffered varying degrees of losses from their investments in company securities. Legal framework for investment and investor protection in Nigeria At inception, the Nigerian capital market was largely self-regulated by the Nigerian Stock Exchange...
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