The attention of the Securities and Exchange Commission (SEC) has been drawn to a publication on page 44 of the Daily Graphic newspaper of 18th September, 2019, captioned “Out of adversity, golden key to the future” by Papa Kwesi Nduom of Gold Coast Fund Management Limited (GCFML) in relation to its inability to honour clients’ investments redemption requests and efforts at resolving the...

The SEC wishes to inform the investing and general public that it has placed a moratorium on the issuing of new Fund Management Licences for a period of six (6) months effective 1st October 2019. The SEC shall, however, continue to review applications for renewals for existing Fund Management Licencees and new market products. This is to enable the SEC to focus on the following... PUBL...

Mr. Chairman, Commissioner of Insurance, Directors of Ghana Reinsurance Company, CEOs of Insurance companies, Distinguished Guests, Ladies and Gentlemen; It is indeed a great privilege and an honour to be invited as a Guest Speaker for this year’s “Ghana Re’s 10th Cedants’ Awards night”. Your invitation as a guest speaker requires me to speak on the theme “THE IMPACT OF STANDARDIZATION ...

The Securities and Exchange Commission (The Commission) wishes to assure the investing public that it is committed to regulating and promoting the growth and development of an efficient, fair and transparent securities market in which both investors and the integrity of the market are protected. We are aware of some level of anxiety among a section of investors because of the recent refo...

The Securities and Exchange Commission (SEC) has observed with worry the fabrications in two (2) videos made and circulated by Kevin Taylor and other media outlets entitled “NAM 1 and Matters Arising Part 1 and 2”. For the records, Menzgold was never licenced by SEC as alleged in Part 1. SEC Public Notice PN/002/09/2017 stated that:... PUBLIC NOTICE IN RESPONSE TO KEVIN TAYLOR...

This Public Notice is issued pursuant to Sections 3(b)(f) and 208 of the Securities Industry Act, 2016 (Act 929). The General Public is hereby put on notice that GOLDEN EMPIRE LEGACY LIMITED AND LOOM have not been licensed by the Securities and Exchange Commission (SEC) to carry out any capital activity as mandated by section 3 of the Securities Industry Act, 2016 (Act 929)... PUBLIC NO...

Ghana Investment and Securities Institute partners with the Chartered Institute for Securities & Investment to combine Ghanaian financial services best practise with global portability. The Chartered Institute for Securities & Investment (CISI) and the Ghana Investment and Securities Institute (GISI) are delighted to announce that they are working together to enhance the Ghanaian investm...

The SEC has picked up a Social media message communicating the imminent closure of some capital market operators by the SEC. The SEC wishes to respond formally as follows: "The SEC is mandated under its establishment law, specifically section 208 of the Securities Industry Act, 2016 (Act 929) to provide information on its activities that it considers relevant and in the interest of the ...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act 2016 (Act 929) to promote the orderly growth and development of an efficient, fair and transparent securities market in which investors and the integrity of the market are protected. The Commission wishes to bring to the notice of the general public that...

The Securities and Exchange Commission wishes to bring to the notice of clients of Gold Coast Fund Management Ltd. and the general public that it is fully aware of the plight of investors who have placed funds with the company and are unable to redeem same on maturity... PUBLIC NOTICE ON GOLD COAST FUND MANAGEMENT LIMITED...