Dealer
Documents to submit:
If an individual:
- Registration fee of TT$5,000.00
- Form No. 2 dated and signed by the applicant
- Certified copies of the educational and/or professional qualification of the applicant, in economics, banking, law, accountancy, business administration, or chartered secretaryship
- Evidence that the individual is at least twenty one (21) years old
- A Police Certificate of Character
- A statement signed by the applicant stating that he/she has no interests, direct or indirect which may conflict with or likely to affect the conduct and integrity of his business as an Investment Adviser
- A dated and signed Conflict of Interest Rules Statement
- A statement signed by the applicant with respect to not having a receiving or bankruptcy order made against him/her that remains undischarged
- Documentary evidence of the free capital requirements of:
- TT$1,000,000 – dealer in equity securities
- TT$5,000,000 – dealer in equity and/or other securities
If a company:
- Registration fee of TT$5,000.00
- Form No. 2 for each person, named at question 9 in Form No. 2, who will act, signed by the respective individual
- Certified copies of the educational and/or professional qualification of the persons who are to act and named in Form No. 2, in economics, banking, law, accountancy, business administration, or chartered secretaryship. These persons are to be in the full time employ of the Company.
- Form No. 2 for the company, dated and signed by the CEO and two (2) directors
- If not previously registered in any capacity under the SIA Act, Form No. 2 for each director, dated and signed by the director
- A list of the names and addresses of current serving directors of the company and directorships held in other entities including subsidiaries of the company and international companies
- A list of the names and addresses of shareholders holding an interest of 10% or greater in the company
- A statement signed by the applicant stating that it has no interests, direct or indirect which may conflict with or likely to affect the conduct and integrity of his business as a Dealer
- Conflict of Interest Rules Statement dated and signed by CEO & two (2) directors
- A statement signed by the CEO and two (2) directors of the company with respect to the company not having a receiving or bankruptcy order made against it that remains undischarged
- Documentary evidence of the free capital requirements of:
- TT$1,000,000 – dealer in equity securities
- TT$5,000,000 – dealer in equity and/or other securities
- Certified copies of constituent documents
- Latest audited Financial Statements/Annual Report
- Confirmation of the names of the persons who will be responsible for the discharge of the company’s business as a Dealer. These persons must submit the following documents:
- Form No. 2, to be dated and signed by that individual, who should be either a director or full time employee
- Documentary evidence that the he/she is either registered as a broker, or holds a degree or professional qualification in economics, banking, law, accountancy, business administration or chartered secretaryship
- A statement signed and dated by the each person(s) stating that he/she has no interests, direct or indirect which may conflict with or be likely to affect the conduct and integrity of his/her business as a Dealer
- A statement signed by the person(s) indicating that there is no bankruptcy order made against him/her that remains undischarged
- Two passport-sized photographs
Note – The required submissions for registration include but are not limited to the above