Here’s a deadline for customers of defunct Fund Management Firms to submit claims

The Securities and Exchange Commission (SEC) has set a December 18, 2019 deadline for customers of the 53 defunct Fund Management Companies to submit their claims for validation.

Director General of the Securities and Exchange Commission, Daniel Ogbarmey Tetteh

A statement from the Commission said, “The SEC wishes to inform the general public that the submission of claims exercise which began Monday, 18th November 2019, is scheduled to end on Wednesday, 18th December 2019.”

The statement encouraged investors to go to the designated areas at the Consolidated Bank Ghana (CBG) branches with their valid ID cards, evidence of investment claims and completed forms.

“Copies of the forms will also be available at the designated CBG branches. Non-resident investors are required to issue notarized Power of Attorney to representatives for submissions to be made on their behalf.”

On November 8, 2019, the SEC revoked the licences of 53 Fund Management Companies (“FMCs”).

The regulator said the revocation is to protect the integrity of the securities market and investors.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Africa’s richest man Aliko Dangote seeks to raise an additional $1.1 billion to complete his refinery project by 2023

Africa’s richest man Aliko Dangote seeks to raise an additional $1.1 billion to complete his refinery project by 2023

5 African countries with the cheapest gas prices in 2022

5 African countries with the cheapest gas prices in 2022

8 African countries where Rihanna plans to launch her luxury Fenty Beauty products

8 African countries where Rihanna plans to launch her luxury Fenty Beauty products

20 African countries with the most expensive average prices of mobile data

20 African countries with the most expensive average prices of mobile data

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Referee behind chaos at AFCON was rushed to hospital after match

Referee behind chaos at AFCON was rushed to hospital after match

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job