SEC warns market operators to strictly comply with provisions regulating placement of advert in Securities Industry

The Securities and Exchange Commission (SEC) has warned all market operators as a reminder to strictly comply with provisions regulating placement of Advertisement in the Securities Industry.

Specifically, SEC said the Securities Industry Act, 2016 (Act 929): Sections 144, 149, 150 (1)(a)(b)(c), and 151. are to be strictly followed.

The other regulations are Securities and Exchange Commission Regulations, 2003 (L.I. 1728): Regulations 39, 40, 41, 42 and 43.


Conduct of Business Guidelines: Section 29 under Part Six of the Guidelines.

“The SEC wishes to inform all market operators that failure to comply with the law will result inthe enforcement of provisions enshrined in Section 206 (3) and Section 206 (5) of Act 929, and Regulation 44 of L.I. 1728.

“The aforementioned provisions can be found in the respective documents on the SEC’s website www.sec.gov.gh, under Laws and Regulations, or in the document labelled ‘Annex A’ attached to this Circular,” a statement said on Tuesday August 9.


“This Notice is issued pursuant to section 3(i)(m) and 208(c) of the Securities Industry Act, 2016 (Act 929) as amended,” it added.

By Laud Nartey|3news.com|Ghana

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