Gov. Umali supports SEC’s financial literacy, investor protection campaigns
The Securities and Exchange Commission- Tarlac Extension Office (SEC-TAREO) and the Provincial Government of Nueva Ecija signed a memorandum of agreement (MOA) on September 19 to collaborate in carrying out the SEC Communication, Advocacy and Network (SEC-CAN!) campaign in the province.
Nueva Ecija Governor Aurelio M. Umali, Provincial Administrator, Atty. Alejandro R. Abesamis, SEC-Tarlac Director, Atty. Richard R. Laus and SEC Information Officer Mark M. Catacutan sealed this partnership to promote financial literacy and investor protection through information dissemination, promotion, and knowledge and resource sharing.
In a statement, Director Laus said the SEC is currently establishing effective linkages and collaborative activities with the local government units to promote financial consumer protection against investment scams and to conduct investor education programs and activities that will foster financial literacy at the grassroots level.
“We are very pleased and honored to welcome the provincial government of Nueva Ecija to the SEC Campaign Network and we thank Governor Umali for taking up the challenge to become an investor champion, alongside the Commission,” he said.
Moreover, this collaboration will intensify activities relative to the implementation of the SEC Anti-Scam and Illegal Taking of Investments Group (SEC ASTIG), a group within the SEC CAMPAIGN Network, which is focused on raising awareness of and educating, the general public on investment scams and other fraudulent schemes, in support of the SEC’s enforcement programs and efforts.
For his part, Governor Umali expressed his full support to the SEC to deliver these programs to the whole province to ensure that all Novo Ecijanos will be protected against illegal investment schemes and be educated to become investor champions.
Nueva Ecija is the first provincial government unit in Central Luzon to partner with SEC to equip Filipinos with the knowledge and skills to understand financial principles and practices and avoid becoming victims of investment scams.