THE Securities and Exchange Commission (SEC) says it is considering punishing individuals who participate in Ponzi schemes like PMG. SEC Director of Enforcement and Legal Services Diana Sichone further says the Lusaka Securities Exchange (LuSE) posted robust growth in the third quarter. However, Sichone says Zaffico, Standard Chartered, Zambeef and Puma posted losses in the same period. Speaking during the quarterly media briefing recently, Sichone said the Commission was working in collaboration with law enforcement agencies as well as other financial sector regulators to ensure that those that collect money from the public illegally through Ponzi schemes were brought to book. “[Regarding] PMG warnings and whether we will take action against PMG… You will note that the Securities regulatory framework...