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SEC , EOCO Cautions Public Against Doing Business With Some 17 Unlicensed Firms In Ghana.

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The Securities and Exchange Commission (SEC) has cautioned the public against doing business with some 17 unlicensed firms in Ghana.

 

The move comes after a joint investigation by SEC and the Economic and Organised Crime Office (EOCO) into the operations of these firms.

 

A joint statement issued by SEC and EOCO advised the general public from investing in unlicensed investment firms.

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“… SEC and EOCO have embarked on joint investigation into the activities of some entities largely operating via online channels.”

 

“In accordance with relevant provisions of Act 929 as amended and Act 804, SEC and EOCO wish to inform the general public that, the under listed entities are not licensed by the Securities and Exchange Commission (SEC),” the statement said.

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Below is the full statement:

 

 

No photo description available.

 

 

 

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May be an image of text that says 'and the integrity of the market are protected. Members of the public may report directly and enquire for further information via: SEC: Toll-free line number: 0800100065 Email: info@sec.gov.gh. EOCO: Telephone number: 0579709066 Email: eoco@eoco.gov.gh 929) This release is issued pursuant to Sections and 208(c) of the Securities Industry Act, 2016 (Act amended and Section 3(e) of the EOCO Act 804, Act 2010. ISSUED BY JOINT ORDER OF THE SECURITIES AND EXCHANGE COMMISSION AND THE ECONOMIC AND ORGANISED CRIME OFFICE DA DATED: 13TH SEPTEMBER 2022'

 

 

 

 

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