Loading...

$type=ticker$cols=4

Commission Suspends Licenses Of Two Investment Companies

The Securities and Exchange Commission (SEC) has suspended the licenses of Met Capital Group Limited and Mec-Ellis Investments Limited...

The Securities and Exchange Commission (SEC) has suspended the licenses of Met Capital Group Limited and Mec-Ellis Investments Limited – both investment advisors- for breaching some provisions of the Securities Industries Law.

“The Commission kindly requests any person who has given funds to Mec-Ellis and Met Capital Group, for investments to inform the Commission of such investments,” a statement issued by the SEC, and signed by Mr Alexander Williams, the Acting Director-General, said.
The statement also urged the public to call the Commission’s toll free number on 080010065, with their queries.

The SEC explained that suspension was in line with section 122 of Act 929, under which their licenses were granted.

Met Capital Group Limited was licensed by the Commission as an Investment Advisor on 11th December, 2013 and currently operates from Block 3, the Financial Hub, No. 375, CSIR, Otinshie, East Legon.
Mec-Ellis Investments Limited was also licensed as an Investment Advisor in March 2013 and operates from Number 5A Dakar Avenue, East Legon, Accra.“The general public is, therefore, advised not to engage in any securities transactions with either companies or do so at their own risk,” the statement said.

The SEC, a statutory body, was set up, among other legislations, by the Securities and Industry Act, 2016, (Act 929) to regulate and promote the growth of an efficient, fair and transparent securities market.
The functions of the SEC include the maintenance of surveillance over activities in securities to ensure, fair and equitable dealings in securities, the licensing of all market operators and collective investment schemes (unit trust and mutual funds), the examination and approval of invitations to the public and the protection of investments.
 
 
 
Source: GNA
Name

2018 Ranking – Top 20 Senior High Schools in Ghana | Check whether your school is part,1,Adom TV,24,Afia Schwarzenegger,1,aKinaa,1,Akufo Addo,1,All Ghanaian female Celebrities make their money through the SE-X- Efia Odo,1,Baby Kaafo Project,1,Breaking News,50,bullet,1,Business,38,Canadian gynecologist,1,Cape Coast Technical University Releases 2018/2019 Admission Forms,1,Career,11,Celebrity,2,Criss Waddle,2,Cristiano Ronaldo,1,Daasebre Gyamenah,1,Daddy Lumba,3,DOLI ARMAANO KI,3,Dr Clarence Oteng Addo-Yobo,1,Dr Jen Gunter,1,Ebody,4,Ebony,15,Education,15,Entertainment,235,event,2,excessive make ups,1,Feli Nuna,1,Fella Makafui,1,festivities and food,1,Foreign News,28,Galamsey,1,GH Telenovelas,35,Ghana,134,Ghana Immigration,3,Ghana Police,5,GHANA POLICE RECRUITMENT,5,Ghana Police Service,6,gossip,16,Gyedu-Blay Ambolley,1,Health,6,HEALTH TRAINING INSTITUTIONS,1,I’ll Show These Fake Prophets That I’m From The Volta Region’– Shatta Wale’s Mom Threaten fake Prophet with Nogokpo,1,Immigration,2,International,37,International Sports,20,iwoman,1,joyce dzidzor,1,Jupitar,1,Kelvin De Bruyne,1,KFC,1,Kumkum,10,Kumkum Bhagya,19,Kundali Bhagya,16,Kwaku Manu,1,Leak,6,Lifestyle,43,Lionel Messi,1,Live,1,Local News,6,mebz,1,Medikal,2,Messi,1,Micheal Owusu,1,Mobile Money,1,Moesha Boduong,2,Moesha Buduotng,1,Moesha leak,1,multi TV,1,Music,29,Mzbel,1,Mzvee,1,NABCO,3,News,287,Nigeria,23,Obstetrics and Gynecology specialist,1,Ofori Amponsah,1,Ofori Ankah Kofi,1,Ohene PD,2,Ovary Tumour,1,Patapaa,3,people and lifestyle,28,Photo,5,profanity,1,quarrelsome behavior,1,Queen Haizel,1,Rashida Black Beauty,1,Recruitment,2,Relationship,24,ruff n smooth,1,Sam Allardyce,1,Samini,4,Sarkodie,5,satellite,7,Scholarship,1,Sex Doll,1,Shatta Wale,17,shatta wale mum,1,showbiz,2,smelling vagina,1,SOUNDCITY AFRICA,1,South Africa,2,Sports,60,Sports Africa,12,stonebwoy,2,Takoradi,1,TCB Kankam,1,Technology,22,Tigernuts,1,Tiwa Savage,1,Uganda,2,unprovoked insults,1,VGMA 2018,2,Video,4,Visa,1,what I get from S$X around- Sista Afia flaunts Her $2 million dollar mansion to mock Efia Odo,1,zylofon,3,Zylofon media,2,
ltr
item
LeakxGH•com™ Entertainment : Commission Suspends Licenses Of Two Investment Companies
Commission Suspends Licenses Of Two Investment Companies
https://3.bp.blogspot.com/-CrSAURLw3wA/WJGZk0WwmrI/AAAAAAAAA0Y/0PCLzMjORmc-NxCQJCRg3MXXSXoneJlygCLcB/s640/358295290_46550.jpg
https://3.bp.blogspot.com/-CrSAURLw3wA/WJGZk0WwmrI/AAAAAAAAA0Y/0PCLzMjORmc-NxCQJCRg3MXXSXoneJlygCLcB/s72-c/358295290_46550.jpg
LeakxGH•com™ Entertainment
https://www.leakxgh.com/2017/02/commission-suspends-licenses-of-two.html
https://www.leakxgh.com/
https://www.leakxgh.com/
https://www.leakxgh.com/2017/02/commission-suspends-licenses-of-two.html
true
4107803873758497787
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy