More instruments are now available for investment – Treasury Bills of 91-day, 182-day and 364-day maturities, Treasury Notes of 2-year, 3-year and 4-year tenors, and bonds of various maturities ranging from 5-years to 20-years, including inflation-linked bonds.
Over the same period, fellow regulator, the Insurance Commission, received and processed 2,992 complaints against insurance and pre-need companies and HMOs. The Securities and Exchange Commission also received hundreds of investment scam complaints within 2019 and 2020. These cases could be resolved quickly once the FCP Act is in place.