The Capital Markets Authority (CMA) has admitted an error in its ongoing campaign meant to promote investor education on the equity and debt markets.
The markets regulator is currently running a mobile-based campaign dubbed Capital Markets National Trivia.
CMA on Tuesday admitted that participants were denied points despite picking the correct answer in the multiple choice competition.
One of the questions in this week’s competition had only A, B and C as multiple choices but strangely accepted D as the correct answer even though there was no such option.
A screenshot of a trivia question with the 'D' option missing.
Extensive testing
“We have since rectified the error and allocated a point to the 79 individuals who had answered the question with choice C but had been marked wrong,” CMA said in a statement to the Business Daily.
The six-week competition is open to the public and will see investors answer queries on concepts of the primary and secondary markets through short code 20727.
“We would like to assure all participants and stakeholders that the integrity of the Capital Markets National Trivia is beyond question as the system running the competition underwent an extensive testing,” the regulator said.
The winner will walk away with Sh200,000 for buying stocks in listed firms.
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