{"id":41708,"date":"2023-05-04T07:28:00","date_gmt":"2023-05-04T07:28:00","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/we-have-enhanced-supervision-measures-to-protect-investment-sec"},"modified":"2023-05-04T07:28:00","modified_gmt":"2023-05-04T07:28:00","slug":"we-have-enhanced-supervision-measures-to-protect-investment-sec","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-have-enhanced-supervision-measures-to-protect-investment-sec","title":{"rendered":"We have enhanced supervision, measures to protect investment \u2013 SEC"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The Securities and Exchange Commission (SEC) in Ghana has assured potential investors to remain confident following the outfit\u2019s upgraded measures including embarking on education campaigns to enable investors to make informed decisions.<\/b><\/p>\n

The assertion follows concerns raised by some citizens who fear losing their investments due to the activities of Ponzi Schemes that have marred the financial sector over the years.<\/p>\n

Speaking on the sidelines of a three-day Financial Literacy workshop for journalists organised by the Financial Sector Division of the Ministry of Finance at Winneba in the Central Region, Dr Godwin Ansah, the Head of Communications and External Affairs of the SEC explained that, the commission\u2019s enhanced tools which include, licensing, approvals, and supervision among others will play a huge role to prevent foul strategies deployed by miscreants to fraud innocent citizens.<\/p>\n

\u201cTo make the public aware of some of the tools that we use to enhance their protection against Ponzi schemes. So first and foremost we believe that the investors need to be educated and well informed in order to make well-informed investment decisions.<\/p>\n

\u201cSecondly, we looked at some of the tools which include licensing which we believe is a gateway by which investors get into the market so we\u2019ve instituted a lit of measures to make sure that investors who come into the market are deemed fit and proper to operate within the industry.<\/p>\n

Dr Ansah also highlighted the SEC\u2019s effort to restore the confidence of victims of Ponzi schemes through consistent education in various regions while hinting at a new framework that would deal diligently with the risks involved in investment.<\/p>\n

\u201cIn terms of what the SEC is doing to build confidence in the market, we continue to roll out our public education programs. We have been to Tarkoradi and Tamale.<\/p>\n

\u201cWe\u2019ve done programs in Accra as well. We plan to make sure this continues. We also have a robust education program coming up later in the year.<\/p>\n

\u201cAgain the SEC\u2019s role on the financial stability council is also another measure to ensure that there are no loopholes which miscreants can take advantage of.<\/p>\n

\u201cWe are also migrating to a new base framework which will help the SEC proactively identify and deal with risk issues that may potentially affect investors.\u201d<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The Securities and Exchange Commission (SEC) in Ghana has assured potential investors to remain confident following the outfit\u2019s upgraded measures including embarking on education campaigns to enable investors to make informed decisions. The assertion follows concerns raised by some citizens who fear losing their investments due to the activities of Ponzi Schemes […]<\/p>\n","protected":false},"author":84,"featured_media":41707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-41708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nWe have enhanced supervision, measures to protect investment \u2013 SEC - Ghana<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/uncategorized\/we-have-enhanced-supervision-measures-to-protect-investment-sec\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We have enhanced supervision, measures to protect investment \u2013 SEC\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Ghana. 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