
Audio By Carbonatix
Stock brokers and capital market analysts would soon have the opportunity to upgrade their capacities at a world class local investment institute.According to a capital market regulator, the Securities and Exchange Commission (SEC), the institute would be structured like professional bodies such as the Charted Institute of Bankers, Insurers and Accountants.The SEC, as a result, has been engaging players in the industry for their inputs.
In an interview with Joy Business, the acting Head of the Research and Market Development at the Commission, Robert Dowuona Owoo, said the institution would also offer Continuous Professional Education (CPE) to practitioners.He said it has been the aim of SEC to ensure that players get abreast with changes or trends within the capital market on regular basis."We believe that if we are able to get this institute up and running, it will be the home for all securities industry practitioners and to those who may not even want to work within the industry, but want to understand these businesses of securities to go through the institute. This will be a very good opportunity for them," he said.In a related development, one of the industry players who welcomed the establishment of the institute commended the initiative, saying it would make practitioners more recognized, even at the international level.“It is a good idea for a start as Ghanaians will have something to write which will be internationally recognized,” but wondered, “My only problem is that I think it is not internal enough, it is more concentrated on the UK and Gulf areas but what of the US, what of other countries that are not accepting this kind of method?”Another person also suggested that the ownership structure of the institute has to include not only persons within the security and exchange commission, but other industry players.Story by Benedicta Anane/myjoyonline.com/Ghana
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
-
Engineers and Planners Ltd secures Damang Mining Lease after grueling $500m competitive tender
1 minute -
I never went to university – Tommy Annan Forson
11 minutes -
NACOC concludes four-day anti-drug operation in Eastern, Greater Accra regions
27 minutes -
Cedi dips further as external shocks intensify; one dollar equals GH¢11.70 at forex bureaus
40 minutes -
Sampa chieftaincy dispute: Sammordua dragged to court for contempt
47 minutes -
Okyere Baafi calls for suspension of Publican AI system over ‘serious flaws’
50 minutes -
Fuel fraud: OSP uncovers “secret collusion” between 5 oil companies and 3 state entities
56 minutes -
VIP Transport defends fare increase over rising fuel and maintenance costs
1 hour -
LGBTQ+ issues not a priority for Ghanaians – Felix Kwakye Ofosu
1 hour -
Kwakye Ofosu rejects NPP Minority’s call for apology over anti-LGBTQ bill
2 hours -
Music giant Universal gets $64bn takeover offer
2 hours -
NPP criticism of anti-LGBTQ Bill ‘nothing more than political posturing’ — Kwakye Ofosu
2 hours -
Joy FM was birthed over a bowl of fufu’ – Tommy Annan-Forson shares interesting story
2 hours -
World Athletics to introduce standalone World Marathon Championships from 2030
2 hours -
Africa’s voice in global journalism grows as funding, AI and misinformation shape newsrooms
2 hours