The Securities and Exchange Commission (SEC) of Ghana is the designated regulator of activities in the capital market. Established under the Securities Industry Act, 2016 (Act 929), the SEC promotes the growth and development of an efficient and transparent securities market. The SEC registers, licenses, authorises, and regulates the establishment of all stock exchanges, commodities exchanges, futures exchanges, securities depositories, clearing and settlement institutions, credit rating agencies, fund managers, investment advisers, unit trusts, mutual funds, hedge funds, private equity funds, venture capital funds, nominees, underwriters, issuing houses, registrars, custodians, trustees, primary dealers, and broker-dealers. It also regulates the mode of conduct of securities businesses, issues concerning Accounts and Audits, the establishment of fidelity funds and trading in securities.