Audio By Carbonatix
The Securities and Exchange Commission (SEC) has revoked the licenses of five investment companies.
Customers transact business with Georgetown Capital Partners Ltd, Equity Capital Ltd, Index Analytics Ltd, DM Capital Ltd and Oxygen Advisory Ltd at their own risk, according to the regulator.
SEC revoked their licenses pursuant to Section 122 of the Securities Industry Act, 2016 (Act 929).
The companies are not mandated to carry out any Fund Management activities, the Commission said.
“The Commission hereby assures all investors, market operators and the general public that it is committed to ensuring rigorous enforcement of all the rules for operators in the capital market as spelt out in its core mandate,” it said in a statement.
The Securities and Exchange Commission is the statutory body mandated by the Securities Industry Act 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 general public is also advised to contact the Commission on its Toll-free number: 0800-100-065 for any further clarification.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
OSP’s failure to stop Ofori-Atta is an irrecoverable mistake – Kpebu
5 minutes -
UPSA confers posthumous honorary doctorate on former first lady Nana Konadu Agyeman-Rawlings
7 minutes -
Martin Kpebu says he has not been formally charged by OSP
13 minutes -
Why not clean energy: Cost or access?
15 minutes -
Minority sounds alarm over fuel shortages crippling Ghana’s fishing communities
16 minutes -
Minority calls for urgent action to shield farmers from rising production challenges
19 minutes -
AGRA Ghana salutes Farmers as nation marks Farmers’ Day
34 minutes -
Bawumia’s favourability rises, widens lead in new Global Info analytics survey
36 minutes -
Minority accuses gov’t of neglect after GH¢5bn rice left to waste
42 minutes -
Why Tsatsu Tsikata’s legacy is Ghana’s future
46 minutes -
Farmers need support all year, not just awards’ — Prof. Boadi
55 minutes -
Spotify ranks ‘Konnected Minds’ Ghana’s No. 1 Podcast for 2025
58 minutes -
Minority caucus push for modern AI-driven agricultural and fisheries revolution
60 minutes -
Mahama reaffirms Ghana’s commitment to ending HIV/AIDS by 2030
60 minutes -
Martin Kpebu poised to defend claims against Special Prosecutor – Counsel
1 hour
