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The
Securities
and
Exchange
Commission
(SEC)
has
asked
all
customers
of
Fund
Management
Companies
(FMCs)
affected
by
the
revocation
of
licenses
exercised
in
November
2019
to
submit
their
claims
for
review
and
payment.
The
SEC
said
in
a
press
release
that
the
deadline
for
submission
of
claims
for
validation
is
Tuesday,
9th
July,
2024.
According
to
SEC,
“To
be
eligible
for
the
voluntary
bailout
package
offered
by
Government,
affected
customers
must
have
validated
claims
and
must
have
accepted
the
government’s
sponsored
bailout
package.
The
SEC
“urged
all
eligible
customers
to
submit
their
claims
before
the
deadline
to
ensure
that
they
receive
the
financial
support
they
are
entitled
to.”
“For
further
information
and
assistance
with
the
claims
submission
process,
please
contact
the
sole
SEC-appointed
agent,
PricewaterhouseCoopers
(Ghana)
LTD
(“PwC”),
via
email
at
[email protected]
or
by
phone
at
+233
(0)
242
439
453.”
“The
SEC
remains
committed
to
protecting
the
interests
of
investors
and
ensuring
the
stability
and
integrity
of
the
Ghanaian
capital
market.
This
Notice
is
issued
pursuant
to
sections
3(i)(m)
and
208(c)
of
the
Securities
Industry
Act,
2016
(Act
929)
as
amended,”
the
press
release
further
stated.
Read
Also:
GHc25bn
was
not
used
to
clean
up
banks
alone,
rather
the
entire
financial
sector
–
Addison