IntroductionThe capital market is made up of primary and secondary markets, all of which provide long-term investment opportunities. These are long-term fund markets with a maturity of more than one year. Examples of financial instruments used in the capital markets include debentures, terms, loans, bonds, warrants, preference shares and common shares. These markets constitute the bond market and the stock market in which debt and equity securities are traded respectively. Subsequently, the capital market serves to allocate available capital to the most efficient users. As a field of investment, capital markets typically continuously control immense sums of money usually contributed by investors. On the investors' side, they offer their capital contributions to these markets with the overall aim of obtaining the maximum benefits or rewards for their financial contribution in the minimum possible time (Brown, 2005). Over the past five decades, capital markets have attracted a significant number of interested investors. This has been associated with recommendable rewards or compensations that have already been presented by investors. However, existing gaps in governance and oversight rules have exposed investors to a number of risks associated with these investments. According to surveys conducted in the United States of America, approximately forty percent of American citizens are reluctant to invest in the capital market due to previous cases of inappropriate investor exploitation (Tichy and McGill, 2003). the market must adhere to equal and uniform distribution of market information to all markets...... middle of paper ......r manipulations. For example, publishing sensitive and biased market information and manipulating financial information to attract new investors. These factors have undermined the expected integrity of financial market centers. Nevertheless, various strategic measures such as the formation of supervisory bodies have been adopted to increase the integrity and confidence of the investor. Works Cited Branson, W H. 1979. Macroeconomic Theory and Policy, Routledge Publisher, New York. Brown, MT 2005. Business Integrity: Rethinking Organizational Ethics and Leadership, Cambridge University Press, Cambridge. O'Brien, J. 2007. Private Equity, Corporate Governance and the Dynamics of Capital Market..., Imperial College PressTichy, NM, & McGill, AR 2003. The ethical challenge: how to lead with unwavering integrity, John Wiley and Son Publishers, London.