The Securities and Exchange Commission (SEC) was established pursuant to section 3 of the Securities Act, Cap 354 of the Laws of Zambia. The mandate of the Commission is to ensure that investors, both local and foreign, are protected. It is also the mandate of the Commission to develop the market. This therefore entails that the Commission has a huge role of ensuring that there is a balance between investor protection and Capital Market Development.
During the period under review, the Commission comprised the following Commissioners appointed from institutions specified in the Securities Act, Cap. 354 of the Laws of Zambia: