Reverend Daniel Ogbarmey Tetteh

The Director of the General Securities and Exchanges Commission says the Commission intends to introduce an Investor Protection Fund to provide some minimum protection for investors in the wake of the Debt Exchange Programme. Rev. Daniel Ogbarmey Tetteh said the Fidelity Fund which is currently in place is reserved for stock market players and activity, and thus the Investor Protection Fund will act as a broad based investment fund to provide minimum protection for those in the asset management industry. “…and I’m stressing minimum because in fact, there’s nowhere that as far as I’m aware, where investor funds fully indemnify…