As a part of efforts to demystify securities and maintain investor training, the Securities and Alternate Fee has organized an engagement session dubbed Time with SEC within the Western Regional capital, Sekondi Takoradi.
It was on the theme, “Understanding the Position of SEC within the Capital Market.” Owing to the current financial crunch which had many monetary establishments dropping their licenses as a result of liquidity shortfalls and likewise traders dropping their funds, the fee considers it noteworthy to coach most of the people on investments, bailout updates, locked funds, and the position of the SEC within the capital market.
Talking on the occasion Director-Basic of the Securities and Exchanges Fee, Rev Daniel Ogbarmey Tetteh revealed that the extent of investor consciousness and information of the securities business is sadly low. Thus, the occasion is certainly one of many initiatives past the cleanup train it undertook to sanitize the securities business, “to maintain the funding public knowledgeable and conscious of the securities business and the alternatives it affords.”
The Western Regional Minister Kwabena Okyere Darko Mensah was elated by the choice of SEC to organise this system within the area, indicating it’s a certain method of drawing the general public’s consideration to licensed funding avenues apart from falling prey to unhealthy funding merchandise.
He additional added that SEC’s initiative is aligned with the enterprise route of the Western Area noting that it could be correct to have an workplace of SEC within the area, “we should always be capable of have a monetary companies sector primarily based within the Western Area, that may be an alternative choice to what occurs in Accra , subsequently we might imagine that within the subsequent to 2 to a few years the SEC would be capable of arrange an workplace that may take selections right here within the Western Area.”
The occasion was chaired by the Omanhen of Esikado, Nana Kobena Nketsiah. It additionally attracted a variety of contributors, together with these within the monetary sector, civil servants, clergy, enterprise folks in addition to those that had frets about their locked-up funds.