The Investor Protection Fund (IPF), a creation of the Securities and Exchange Commission of Zimbabwe (SECZ) is established in terms of Section 86B of the Securities and Exchange Act (Chapter 24:25) (Act), which was inserted through Securities Amendment Act (Number 2) of 2013, is playing a key role on in protecting local investors.
The IPF provides compensation to protected investors who have suffered losses as a result of a licensed contributor to the IPF being unable to meet its liabilities. This failure might be due to insolvency, malpractice or other cause.
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