Ponzi Type Schemes Now Prohibited

TTSEC – Trinidad and Tobago Securities and Exchange Commission advises the public of certain amendments to the Securities Act Chapter 83:02 (“the Act”) of the Laws of the Republic of Trinidad and Tobago.

A new Section 165A has been inserted after the existing Section 165 of the Act to provide for the criminalising of any prohibited schemes’, namely Ponzi and pyramid-type schemes.


Media Release- Ponzi Schemes Now Prohibited


Related article:

Joint Media Release – Financial Sector Regulators on Pyramid Schemes



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