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
-
Ghanaian youngster Isaac Assibu signs new Malmo deal, earns first-team promotion
1 hour -
Prince Owusu completes four-year move to DAC 1904
1 hour -
When Politics Meets Perception: Will Ken Ofori-Atta return to Ghana?
4 hours -
Peace must be the hallmark of Homowo 2026 – DCOP Asiedu
5 hours -
‘Ghana lost a president, but I lost a mentor and a friend’ – Mahama pays tribute to Atta Mills
5 hours -
Ghana’s High Commissioner to UK commits to support Team Ghana at Commonwealth Games
6 hours -
Photos: Flood Mitigation Task Force begins phased dredging, demolition exercise in Accra
6 hours -
ICC top prosecutor removed over sexual misconduct allegations
6 hours -
Glasgow 2026: Ghanaian boxer Abdul Wahid Omar eliminated after unanimous points defeat to Patris Mughalzai
6 hours -
Ghana Gas CEO Judith Adjobah Blay earns Master of Laws degree from University of Nottingham
6 hours -
Gender Minister leads monitoring exercise to strengthen School Feeding Programme
6 hours -
Gov’t advocates capacity building for Ghana’s creative industry at interior design masterclass
6 hours -
Flood Mitigation Task Force begins phased dredging, desilting and demolition exercise across various locations in Accra
6 hours -
The Brotherhood: ‘Pastors should stop teaching that sex before marriage is wrong’ – MC Mr. Hanson
7 hours -
Komfo Anokye Blood Bank appeals for more donors amid fears of blood shortage due to rising road crashes
7 hours