Firm Launches ‘Statement Of Investor Rights’

Mrs Shade Odunaiya,
President of the CFA Society of Nigeria, (an investment firm), has urged financial professionals and investors to abide by the “Statement of Investor Rights” to restore integrity, confidence and trust in financing.
Odunaiya made the call at the 2014 “Putting Investors First” Day and launching of the “Statement of Investor Rights” at the Nigerian Stock Exchange (NSE) in Lagos recently.
She said that the statement was developed by the CFA Institute to advise buyers of financial service products of what to expect from financial service providers.
Odunaiya said that the rights reflected the fundamental ethical principles that were critical to achieving confidence and trust in any professional relationship.
According to her, the list (statement) applies to financial products and services such as investment management, research and advice, personal banking, insurance and real estate.
“Whether you are establishing an investment plan, working with a broker, opening a bank account or buying a home, the ‘Statement of Investor Rights’ is a tool to help you get the information you need and the service you expect and deserve.
“It gives you the right to independent and objective advice and assistance based on informed analysis, prudent judgment and diligent effort,” she said.
Odunaiya urged financial professionals to abide by the rights to help investors build trust in the firms they engaged in.