To achieve the object die Commission shall

(a) advise the Minister on matters relating to the securities industry;

(b) maintain surveillance over activities in securities to ensure orderly, fair and equitable dealings in securities;

(c) register, license, authorize or regulate, in accordance with this Act or the Regulations,

(i) securities exchanges,

(ii) commodities and futures exchanges,

(iii) securities depositories,

(iv) clearing and settlement institutions,

(v) credit rating agencies,

(vi) fund managers,

(vii) investment advisers,

(viii) unit trusts,

(ix) mutual funds,

(x) hedge funds,

(xi) private equity funds,

(xii) venture capital funds,

(xiii) nominees,

(xiv) underwriters,

(xv) issuing houses,

(xvi) registrars,

(xvii) custodians,

(xviii) trustees,

(xix) primary dealers,

(xx)  broker-dealers,

(xxi) the representatives of the persons specified in subparagraphs (i) to (xx); and

(xxii) any other institution in die securities industry to control and supervise their activities with a view to maintaining proper standards or conduct and acceptable practices in the securities business

(d) formulate principles for the guidance of the industry;

(e) monitor the solvency of hcence holders and take measures to protect die interest of customers where the solvency of a licence holder is in doubt;

(f) protect the integrity of the securities market against any abuses arising  from dealing in securities including insider trading;

(g) adopt measures to minimize and resolve any conflict of interest that may arise for market operators;

(h) review, approve and regulate takeovers, mergers, acquisitions and all forms of business combinations in accordance with any law or code of practice requiring it to do so;

(i) create the necessary atmosphere for the orderly growth and development of die capital market;

(j) perform die functions referred to in the Companies Act 1963 (Act 179);

(k) examine and approve invitations to the public made by issuers other than die government;

(l) authorize and regulate die issuing of securities in Ghana by foreign issuers; and

(m) undertake activities that are necessary or expedient for giving full effect to the provisions of this Act.