All financial services activities that involve solicitation and receipt of funds from the public should be subject to regulatory oversight to safeguard the interest of those providing funds. Repurchase Agreements fall into this category and it is recommended that Repurchase Agreement activities by Securities Companies be subject to regulatory oversight by the Commission.
In light of the phenomenal growth of the Collective Investment Scheme industry , and the evidence that has been emerging from our survey of the market, it is clear that guidance is needed regarding issues of fund governance, risk management practices, marketing and promotional practices, and reporting by fund managers and trustees.
The Commission issued a temporary order of December 4, 2008 in accordance with section 133 (1) (c) of the Securities Industry Act, 1995 (\”SIA\”) to allow the operation of the revised Trinidad and Tobago Stock Exchange Rule 227 and the Horizon Trading Rule 10.2
Today, on world consumer Rights Day the Trinidad and Tobago Securities and Exchange Commission takes the opportunity to remind you of your rights and responsibilities as an investor.
On the 19th day of January 2009 the Trinidad & Tobago Stock Exchange (\”the Stock Exchange\”) deemed to be duly registered as a Self-Regulatory Organization under section 34 of the Securities Industry Act, 1995 (\”the SIA\”) filed for a proposed new rule under section 6 of the Stock Exchange Rules
These guidelines set out certain procedures for declaring that an issuer is no longer a reporting issuer under section 64(6) of the Act.
On the 19th day of November 2008 the Trinidad and Tobago Stock Exchange Limited (\”the Stock Exchange\”) deemed to be duly registered as a Self-Regulatory Organization under section 34 of the Securities Industry Act, 1995 (\”the SIA\”) filed with the Trinidad and Tobago Securities and Exchange Commission (\”the Commission\”) a proposal of its new rules together with a concise statement of substance and purpose of the proposed rules for the approval of the Commission pursuant to section 40 of the SIA.
that the Commission issued a temporary order dated the 4th day of December 2008 in accordance with section 133 (1) (c) of the Securities Industry Act, 1995 (\”SIA\”) in respect of the revised Trinidad and Tobago Stock Exchange Rule 227 and the Horizon Trading Rule 10.2
Presentation to Panel Discussion at the 4th JSE Investment and Capital Markets Conference 2009
As world economies reel from the global financial meltdown, investors are seeking \”safe havens\” to place their monies. Unfortunately this situation also brings out the opportunists who will try to steal even the last dollar from persons who are not equipped to differentiate between real investment instruments and scams.
