The Trinidad and Tobago Securities and Exchange Commission (\”the Commission\”) is warning investors to check the registration status of any person or company purporting to deal in securities or offering investment advice.
The adequacy of the capital held by underwriters registered under the Securities Industry Act, 1995 (the SIA) has become a matter of concern to the Commission. With a capital requirement of five million dollars, underwriters registered under the SIA are not subject to the same requirements as those registered under the Financial Institutions Act, 1993 (the FIA).
The SEC recently met with stakeholders to discuss Guidelines on Capital Requirements for Underwriters and Issuers of Securitized Instruments under the Securities Industry Act, 1995
The Trinidad and Tobago Central Depository Limited (\”the TTCD\”) filed with the Trinidad and Tobago Securities and Exchange Commission (\”the Commission\”) a proposal to amend its Service Rules pursuant to section 40(1) of the Securities Industry Act, 1995 (\”the Act\”). The purpose of the amendment is to provide for the introduction of a registration and transfer agent service.
The Trinidad and Tobago Securities and Exchange Commission (TTSEC) met with stakeholders in the financial services industry at Crowne Plaza on July 18, 2006 to discuss \”Guidelines on Capital Requirements for Underwriters and Issuers of Securitized Instruments under the Securities Industry Act, 1995\”
Earlier this year, the Trinidad & Tobago Securities & Exchange Commission (\”SEC\”) welcomed to the helm of the Commission Mr. Terrence Clarke who joined the organization as the General Manager.
Annual Report of the Trinidad and Tobago Securities and Exchange Commission for the financial year ended September 30, 2005
Opening of Public Consultation on the Interim Report delivered by Stikeman Elliot, LLP
