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BoG overstepped its boundaries in Menzgold case – Bright Simons

Comment: Is Bright That STUPID? SEC & Deposits?

Author:
Moses
Date:
2018-08-16 18:21:14
Comment to:
BoG overstepped its boundaries in Menzgold case


What is wrong with some of these guys? Is Bright Simons suggesting the functions of the SEC includes the REGULATION OF DEPOSITS?
Bank of Ghana is actually the institutions mandated by the constitutions to monitor all deposit taking institutions. As the name implies, the Securities and Exchange Commission does not handle deposits related issues or deposit taking banks except for their listing on the exchanges to raise capital.

My question to Bright Simons is where in world do SECs handle deposit related issues? Any issue related to deposit taking and lending is under the oversight of the Bank of Ghana.

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08-16 11:08
 
 
 
Is Bright That STUPID? SEC & Deposits?
Moses
08-16 18:21