The Securities and Exchange Commission of Ghana popularly referred to as SEC has released a long press statement warning the Ghanaian public to desist from investing or trading with an online company popularly known in Ghana as CHY Mall.
SEC has warned the general public that it is the only institution mandated by law to regulate all companies in Ghana who are trading in the securities space or industry.
The statement states that they have not licensed any company by name CHY CENTURY HENG YUE GROUP LIMITED/SAIRUI E-COMMERCE GHANA LIMITED to carry out any Capital Market activity including trading and investing for returns.
The statement further says that the general public should contact the Securities and Exchange Commission for whenever they want to trade in the Securities Industry.
See Press Statement Below