14
Sep
The Securities and Exchange Commission (SEC) and the Economic and Organized Crime Office (EOCO) have warned the public to desist from investing in all unlicensed investment products through online channels. The warning comes on the back of a joint investigation carried out by the Commission and EOCO revealing that some 17 Entities operating through online channels are not licensed. According to a joint statement by the two institutions, “the companies are not licensed to operate hence the general public, capital market operators and investors should desist from investing with such firms”. It pointed out that “the Securities and Exchange Commission…