The Securities and Exchange Commission (SEC) has rolled out a regional schooling marketing campaign dubbed: “Time with The SEC,” which began in Takoradi.
The initiative types a part of SEC’s strategic thrust of training members of the investing public and different key stakeholders on the Commission, the Ghanaian Capital Market and different necessary funding matters.
The Commission, in a press launch issued in Accra, stated the Western Region version of the programme was on the theme: “Understanding the role of the SEC in the Capital Market.”
Topics mentioned included: Understanding the position of the SEC within the Capital Market; The Regulatory Framework of the SEC; Understanding how the Capital Market works; and Capital elevating and funding.
The launch stated SEC additionally supplied the most recent updates on the implementation of the federal government bailout programme and the subsequent steps.
There was additionally an open discussion board for traders and different members of the general public had the chance to ask questions and make their points identified on to the SEC, it stated.
Nana Kobina Nketsia V, the Omanhene of Essikado Traditional Area, and Chairman of the occasion, applauded the SEC for the choice to start the regional outreach programme within the Western Region.
He stated it was refreshing to see it undertake numerous investor engagement programmes to extend public belief and confidence, and to have a greater understanding of the Capital Market.
He charged the Commission to take steps to curb the proliferation of Ponzi schemes available in the market, which had lured many individuals into unhealthy investments.
Mr Kwabena Okyere Darko-Mensah, the Western Regional Minister, stated such programmes had been very important to the event of the entrepreneurial mindset and enterprise, urging the Commission to additionally assist make the area a pretty monetary hub within the nation.
Reverend Daniel Ogbarmey Tetteh, the Director-General of SEC, stated the programme was launched to make sure investor safety.
He talked about the issuance pointers for market operators, stringent licensing necessities, and the launch of a 10-year Capital Market Master Plan to function a blueprint for the expansion of the Ghanaian Capital Market as a number of the steps taken to strengthen the securities business.
He gave the reassurance {that a} sequence of Capital Market instructional programmes, underneath the ‘Time with the SEC’, could be held to make sure a wider vary of stakeholders had been sensitised.GNA
