Nana Kobina Nketsia IV, Omanhene of Essikado Traditional Area in the Western Region, has charged the Securities & Exchange Commission (SEC) to take steps to curb the proliferation of Ponzi schemes in the market.
According to him, such schemes have lured many people into bad investments and caused them untold hardships and in many instances death.
Speaking at a regional education campaign organised by SEC in Takoradi dubbed, ‘Time with the SEC’, he stated that it was however refreshing to see the SEC undertaking various investor engagement programmes to increase public trust, confidence, and a better understanding of the capital market.
He also applauded the SEC for their decision to begin their regional outreach programme in the Western Region.
Kwabena Okyere Darko Mensah, Western Regional Minister, in a speech, the public education programmes were vital to the…