History
History
The Commission was established in accordance with the SIL 1993, PNDCL 333. It was called the "Securities Regulatory Commission under the SIL, PNDCL 333. It operated under the supervision of the Governor, Bank of Ghana. The Bank of Ghana set up a Capital Market Desk to regulate the Industry.
The Securities Regulatory Commission was formally set up in September 1998 as an independent regulator of the capital market in Ghana.
It became the Securities and Exchange Commission by an act of Parliament, Securities Industry Amendment Act, 2000(Act 590).
A new Act, Securities Industry Act, 2016(Act 929) was enacted to expand the powers of the SEC. This new law replaces the Securities Industry Law, 1993(PNDCL 333).
The Securities Industry (Amendment) Act, 2021 (Act 1062) was passed to further strengthen the regulatory and enforcement powers of the Commission.