The Securities and Exchange Commission (SEC) has strengthened its national financial literacy campaign through a student-focused outreach programme, aimed at promoting smart money habits, safe investment decisions, and scam prevention among Ghana’s youth.
Dr. James Klutse Avedzi, CEO of SEC, urged the students to begin cultivating financial discipline early.
“Starting to save at 15 or 18 might seem insignificant, but small savings today can grow into the capital you need tomorrow, whether for business, education, or owning a home,” he advised.
He called on students to serve as “financial champions” in their homes and communities by educating their families on how to avoid financial scams and make informed choices.
Drawing an analogy, Dr. Avedzi described the SEC as a “financial superhero” tasked with protecting investments and ensuring fairness in Ghana’s capital markets.
Highlighting the dangers of fraudulent schemes, he warned, “If someone promises unusually high returns with no risk, that’s a red flag. Always be cautious.”
The programme featured practical training in budgeting, saving, and investment options such as mutual funds, fixed deposits, and government bonds.
Dr. Jacob Adu, Head of the Department for Issuers at SEC, encouraged students to be financially responsible. “Make saving a part of your monthly budget, spend wisely, and avoid unnecessary debt,” he said.
Mr. Callis Nii Oman Badoo, Head of Legal and Enforcement, explained the legal tools SEC uses to maintain market integrity, including licence revocations, freezing orders, administrative penalties, and criminal sanctions for offenders.
Dr. Godwin Ansah, Head of Communications and External Affairs, underscored SEC’s public education efforts through traditional media, social platforms, and school outreach.
He urged the public to verify the regulatory status of investment entities on the SEC website, which also uses a colour-coded system to flag unlicensed operators.
