In the Fall 2011 Issue ...

-IFIE CHAIRMAN'S MESSAGE and UPDATE ON IFIE GLOBAL REGIONAL WORK IN ASIA (AFIE)
-UPDATE ON IFIE GLOBAL REGIONAL WORK IN MIDDLE EAST NORTH AFRICA (IFIE-MENA)
-WHAT'S NEW FOR IFIE MEMBERS /IFIE VICE CHAIR MESSAGE
-LEADERSHIP PROFILE – IFIE'S NEWEST ADVISORY BOARD MEMBER TSPAKB
-INVESTOR EDUCATION AROUND THE GLOBE
-NEW 2011 IFIE MEMBERS

IFIE Chairman's Message and Update on IFIE Global Regional Work in Asia (AFIE)

Kun Ho Hwang
Chairman, Korea Financial Investment Association
Chairman, Korea Council for Investor Education
Chairman, International Council of Securities Association

In these volatile economic times across the globe, our work together in IFIE is more important than ever. I am pleased that this enewsletter highlights the work IFIE and its members are doing at the global regional level to strengthen the framework and resources available to meet financial and investor education needs all over the world.

The Asia Forum for Investor Education or AFIE was established in February 2010 as a regional body of the International Forum for Investor Education (IFIE). The Asia Forum for Investor Education (AFIE) aims to improve investor education in the Asia-Pacific region through enhanced international cooperation and information exchange.

The AFIE is committed to ensuring that a sound investment culture with strong investor protection is instilled throughout the region by promoting investor education and the development of the region's capital markets. To this end, the AFIE will serve as a channel for discussion on a wide range of investor education topics and issues facing the region's financial markets.

The AFIE's Annual General Meeting in 2011 will feature panel discussions on issues critical to strengthening financial and investor education in Asia and country reports from member organisations.

Visit the IFIE website http://ifie.org/index.php/regional-committees and AFIE pages http://www.afie.asia/ for more information.

I hope that any of you who can will join us at the 2011 AFIE Annual General Meeting that my organization, KOFIA, is hosting in Seoul, 10-12 November 2011. But if you can't, on behalf of the Host Committee in Seoul, I ask you to please plan to join IFIE at the 2012 IFIE-IOSCO Global Investor Education Conference, 20-22 May 2012!

Thank you for all you are doing to strengthen investor education resources in your jurisdiction.

Sincerely,

Kun Ho Hwang
Chairman
International Forum for Investor Education

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Update on IFIE Global Regional Work in Middle East North Africa (IFIE-MENA)

Dr. Ahmed Saad
Egyptian Financial Supervisory Authority

IFIE-MENA was developed in March of 2010 to bring the countries of Middle East North Africa (MENA) together to strengthen the resources available for financial and investor literacy and education under the umbrella of the global IFIE organization. We launched IFIE-MENA with a one day Conference attended by over 300 people representing many governmental, not for profit, media, academic and financial services investor education programme professionals in the region. We were pleased to set up protocols to begin our work together across 16 countries to create materials, toolboxes and other financial and investor education and protection programmes in Arabic.

We, including my colleague Hesham Ibrahim at IFIE-MENA and EFSA, were honored to act as hosts and welcome participants from organizations representing 66 countries to Cairo for the extremely successful and dynamic November 2010 IFIE-IOSCO Global Investor Education Conference.

Less than three months later, my colleagues in the IFIE-MENA region experienced the change that has lasted long past the spring in which it began and we are all deeply involved in the work that challenges us now. Together with the support of our IFIE Colleagues and the IFIE Secretariat, we will continue our work at IFIE-MENA and hope to see many of you in the year ahead.

Meanwhile, we continue our outreach through the IFIE Global Regional Committee and efforts to strengthen global regional resources for investor education. I look forward to working with those IFIE members who chose to serve on the Global Regional Committee. Visit the IFIE website http://ifie.org/index.php/regional-committees and IFIE-MENA pages http://www.efsa.gov.eg/content/IFIE/ifie_subcommittee.html for more information.

Sincerely,

Dr. Ahmed Saad and Mr. Hesham Ibrahim
IFIE Global Regional Committee

Hesham Ibrahim
Chief of Chairman's Technical Office and Investor Education
Egyptian Financial Supervisory Authority

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What's New for IFIE Members/ IFIE Vice Chair Message

Roberta Wilton
President and CEO,
CSI Global Education, Inc

Dear IFIE Member,

I want to thank all of the IFIE members who have responded both to the IFIE Member Survey and to our request that each IFIE member name a representative to join in IFIE's work on one or more of four Committees. If you have not signed up but want to, contact the IFIE Secretariat.

We are now beginning meetings of these four Committees: Programme Committee; 2012 IFIE-IOSCO Global Conference Programme Committee; Global-Regional Committee; and Strategic Membership and Partner Development Committee. This new initiative essentially quadruples the amount of member participation in IFIE initiatives and programmes and we hope for more as we move to strengthen our membership, expand our offerings and develop new partnerships in this rapidly changing environment.

The Strategic Membership and Partner Development Committee will be reviewing the results of the IFIE member survey, and moving to implement findings and priortise resources based on your feedback. We will continue to report back to you on our progress at least once a quarter and we look forward to working together to strengthen financial literacy and investor education.

Thank you to all!

Best regards,

Roberta Wilton
Vice Chairman and Chair Strategic Membership and Partner Development Committee
International Forum for Investor Education

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Leadership Profile

ATTILA KÖKSAL, CFA
Chairman, The Association of Capital Market Intermediary Institutions of Turkey
Partner and Deputy CEO, Standard Unlu Menkul Degerler A.S..

The Association of Capital Market Intermediary Institutions of Turkey (TSPAKB) is the self-regulatory organization in the Turkish capital markets. Mr. Attila Köksal, CFA, represents TSPAKB on the IFIE Advisory Board. Mr. Alparslan Budak, Assistant Secretary General for TSPAKB supports Mr. Köksal and TSPAKB's IFIE and investor education activities. TSPAKB also is on the Advisory Board of the Asian Forum for Investor Education (AFIE). Excerpts of a profile interview follow and continue on the IFIE website. Please visit TSPAKB's website at www.tspakb.org.tr.

Q: Can you describe the work of TSPAKB?

A: The Association of Capital Market Intermediary Institutions of Turkey was established as a self-regulatory organization in 2001. We are celebrating our 10th anniversary this year. Since membership is compulsory, we represent all banks and brokerage firms operating in the Turkish capital markets.

We regulate and oversee some activities of our members. In addition, we license market professionals and offer various training programs.

The complete TSPAKB Profile is in our new series on leadership. Click here for the complete text.



Alparsan Budak
Assistant Secretary General, The Association of Capital Market Intermediary Institutions of Turkey

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Investor Education Around the Globe

IFIE members extend the reach and impact of their work by presenting information in context of news events and/or financial education awareness periods.

For example:

-Canadian Securities Regulators (CSA/ACVM) announces the launch of online investment fraud awareness campaign

-Investor Education Fund (Canada) website GetSmarterAboutMoney.ca has a section on planning for Canada's Financial Literacy Month (November)

-Securities Investor Association Singapore (SIAS) leads a corporate governance week and provides information, events, awards and programming related to how good corporate governance impacts investors.

IFIE members know that individuals look for help when events in the news impact them.

For example:

-FINRA and FINRA Foundation responded to recent market and economic challenges with an investor alert on investing in a challenging environment

Explore IFIE's Member Directory and Resources Clearinghouse for more information and ideas.

Also, in IFIE member news:

IFIE member Japan Securities Dealers Association (JSDA) announces that Mr. Toshihiko Sasaki has been named JSDA executive officer in charge of investor education. Welcome!
IFIE member Financial Services Regulatory Authority (FINRA) and the FINRA Foundation announce that Ms. Geraldine Walsh has been named president of the FINRA Foundation and head of investor education at FINRA. Congratulations!
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New 2011 IFIE Member

IFIE is thrilled to welcome ASISA (http://www.asisa.co.za/) the Association for Saving and Investment South Africa. ASISA was formed in 2008 by members of the Association of Collective Investments (ACI), the Investment Management Association of South Africa (IMASA), the Linked Investment Service Providers Association (LISPA) and the Life Offices' Association (LOA). Following its formation, these associations disbanded and their staff, assets and activities were transferred to ASISA. As the custodian of the bulk of South Africa's savings and investments, ASISA and its members must ensure, in the interest of the country and its citizens, that the South African savings and investment industry remains relevant and sustainable into the future. ASISA's strategic purpose and mandate are therefore to remain a trusted partner to stakeholders in the financial services industry and to proactively engage with them on policy, regulatory and other important issues of common concern. It is also ASISA's role to ensure that our industry remains relevant and sustainable by delivering solutions that are in line with the needs of our country, taking into consideration global and local developments and challenges. ASISA aims to be an active participant in creating an environment that promotes equal opportunities for its members through holistic legislation, while at the same time considering the interests of consumers and ensuring the sustainability of the industries it represents and the intermediaries who promote these industries and their products. ASISA will work towards promoting a culture of savings and investment in South Africa by playing a significant role in the development of the social, economic and regulatory framework in which members operate, thereby assisting members to serve their customers better. ASISA provides educational materials for investors through its website at http://www.asisa.co.za/.

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