Capital market players kick against 400% SEC levy hike
Industry players in Ghana’s capital market have kicked against the Securities and Exchange Commission’s (SEC) 2026 increase in market levies, warning that the new charges could slow the growth of smaller firms in the sector. They said the capital market was not yet developed enough to absorb such a significant increase and called for further … The post Capital market players kick against 400% SEC…
Ghana's capital market players oppose a proposed 400% increase in Securities and Exchange Commission (SEC) market levies, warning that it could hinder the growth of smaller firms. The new charges, outlined in the 2026 SEC guidelines, will see an annual levy of GH¢250,000 for Stock Exchanges and Securities Depositories, GH¢100,000 for primary dealers, custodians, and issuing houses, and lower amounts for fund managers, broker-dealers and fund owners.
Industry experts argue the increase could push funds towards less regulated investment options, potentially leading to the rise of Ponzi schemes. The Ghana Medical Association Fund Director, Dr Arko Akoto Ampaw, called for transparency and accountability from the SEC, citing concerns about investor confidence and the impact on net returns.
Written by urgent.news from Ghanaian Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
