The Securities and Exchange Commission (SEC), says it has adopted a colour coding scheme to represent operators in Ghana’s money and capital markets.
The colour coding scheme as explained by the Director-Genral of the Commission, Rev. Daniel Ogbarmey Tetteh, represents market operators in good standing with SEC as well as those who are not.
According to the Director-General, the colour coding scheme of market operators displayed on its website, is one of the many approaches adopted by SEC to give more information about investment firms to the investing public.
The above assertion made by Mr Ogbarmey Tetteh, is contained in an answer to a question posed to him by an investor during SEC’s recently launched engagement series dubbed Time with the Commission, on how one can identify a market operator who has satisfied the Commission’s Minimum Capital Requirement (MCR).
The Time with the Commission engagement series by SEC is to drive closer partnerships with the investing public and other market operators in the money and 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 securities market in which investors and the integrity of the market are protected.
The next engagement series to be held on November 19, 2020, will shed light on important developments to be introduced to further ensure investor protection and also provide important updates on the bailout situation.
The engagement will involve members of the investing public and other key stakeholders.
Questions and suggestions from the investing public can be posted on SEC’s social media pages or sent via email to info@sec.gov.gh.
Find below a video excerpt of the “Time with the Commission” engagement series;
#timewiththecommission @SECGhana #Ghana #business #norvanreports "How will customers know if their fund management companies have met SEC's capital requirements?" https://t.co/96CskgpJGk
— NorvanReports (@NorvanReports) November 17, 2020
