General News of Saturday, 9 November 2019Source: citinewsroom.comNo need for panic withdrawals – SEC to customers of Fund Management companiesCustomers of some fund managements have protested for their moniesThe Securities and Exchange Commission (SEC) has advised the general public to “remain calm” and not rush to withdraw their funds from Fund Management companies in good standing. The Securities and Exchange Commission today, Friday, November 8, 2019, revoked the licenses of 53 Fund Management Companies. There is also no need for any panic withdrawals on the firms whose licenses are intact and not on the revocation list. A list of firms whose licenses have not been revoked can be found on the SEC website (www.sec.gov.gh)”. The statement further indicated that the procedures for validation of claims would be available by Monday, 11th November 2019.

Source: GhanaWeb November 09, 2019 00:13 UTC