The Securities and Exchange Commission (SEC), acting within its mandate of protecting investors and the integrity of the market, wishes to announce the outcome of its deliberations with Government regarding an agreed social and humanitarian intervention for all remaining customers of the failed Fund Management Companies. The Commission hereby announces that Government has authorized a...

Draft guidelines for Note Trustees are being issued to the market to provide feedback in the form of suggestions, questions, recommendations, and concerns latest by 26th of November, 2020 to enable the commission finalise these guidelines. Feedback should be sent to issuers@sec.gov.gh. DRAFT GUIDELINES FOR NOTE TRUSTEES...

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. As part of the Government’s effort to mitigate and manage risk in the ...

The Securities and Exchange Commission (hereinafter referred to as the “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 attention of the Commission has been drawn to the activities...

The Securities and Exchange Commission (SEC) has launched an engagement series dubbed, “Time with the Commission” to drive closer partnerships with the investing public and other market operators in the capital market. The initiative forms part of the Commission’s mandate of regulating, innovating, and promoting the growth and development of an efficient, fair, and transparent securit...

The Securities and Exchange Commission today issued new capital requirements for market operators in the Ghanaian Capital Market Industry. The new directive in accordance with Section 209 of the Securities Industry Act 2016, (Act 929) is in line with the Commission’s mandate of regulating and promoting the growth and development of an efficient, fair and transparent securities market in ...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act 2016 (Act 929) to protect investors and the interest of the general investing public. The Act among other things specifically mandates SEC to “promote the orderly growth and development of an efficient, fair and transparent securities market in which inv...

PRESS RELEASE Background The Securities and Exchange Commission (SEC) issued a press release on the 28th August 2020 to give an update to the public on the aftermath of the revocation of licences of fifty-three (53) fund management companies. The revocation, which occurred on 8th November 2019 was due to their inability to return clients’ funds totaling GHC 8 billion, and significant...

PRESS RELEASE The Securities and Exchange Commission (SEC), acting in accordance with Section 122 (2) (b) of the Securities Industry Act 2016, (Act 929) (SIA) revoked the licenses of fifty-three (53) Fund Management Companies (FMCs) on 8th November 2019, due to their inability to return clients’ funds totaling GHC 8 billion, and significant breaches of applicable rules that created ris...