{"id":740781,"date":"2019-11-08T17:56:05","date_gmt":"2019-11-08T17:56:05","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/11\/08\/just-in-sec-revokes-licences-of-gold-coast-securities-52-others\/"},"modified":"2019-11-08T17:56:05","modified_gmt":"2019-11-08T17:56:05","slug":"just-in-sec-revokes-licences-of-gold-coast-securities-52-others","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/11\/08\/just-in-sec-revokes-licences-of-gold-coast-securities-52-others\/","title":{"rendered":"Just in: SEC revokes licences of Gold Coast Securities; 52 others"},"content":{"rendered":"<p><\/p>\n<div data-io-article-url=\"https:\/\/www.adomonline.com\/just-in-sec-revokes-licences-of-gold-coast-securities-52-others\/\">\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"400\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/08\/kwesi.png\"   alt=\"\" title=\"kwesi\"\/><figcaption class=\"wp-caption-text\">Dr Papa Kwesi Nduom, CEO, Groupe Nduom<\/figcaption><\/figure>\n<\/div>\n<p><strong>T<\/strong>he Securities and Exchange Commission (SEC) has revoked the licence of Gold Coast Securities and 52 other Fund Management Companies.<\/p>\n<p>The action is in pursuant to Section 122(2) (b) of the Securities Industry Act, 2016 (Act 929).<\/p>\n<p>The revocation of the licences of the companies, according to a statement copied to <strong>Adomonline.com <\/strong>has become necessary  to ensure that market operators with infractions and\/r complaints are removed from the industry to protect current and future investors.<\/p>\n<p>\u201cEfforts by the SEC to get directors of the affected firms to resolve regulatory Breaches identified over the periods have not yielded positive results\u201d the statement said.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dr Papa Kwesi Nduom, CEO, Groupe Nduom The Securities and Exchange Commission (SEC) has revoked the licence of Gold Coast Securities and 52 other Fund Management Companies. The action is in pursuant to Section 122(2) (b) of the Securities Industry Act, 2016 (Act 929). The revocation of the licences of the companies, according to a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":724172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-740781","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Just in: SEC revokes licences of Gold Coast Securities; 52 others - Ghanamma.com<\/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.ghanamma.com\/2019\/11\/08\/just-in-sec-revokes-licences-of-gold-coast-securities-52-others\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Just in: SEC revokes licences of Gold Coast Securities; 52 others - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Dr Papa Kwesi Nduom, CEO, Groupe Nduom The Securities and Exchange Commission (SEC) has revoked the licence of Gold Coast Securities and 52 other Fund Management Companies. 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