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.
The Trinidad and Tobago Securities and Exchange Commission (“the Commission”) is mandated by the Securities Industry Act, 1995 (“the SIA”) to create and promote such conditions in the securities market as are necessary and appropriate for its orderly growth and development.
The Trinidad and Tobago Securities and Exchange Commission (the Commission) issues these guidelines to assist Listed Companies/Reporting Issuers, in the formulation of policies and procedures relating to the handling of price sensitive information, and the disclosure of such information to the public.
This policy guideline applies to the distribution in Trinidad and Tobago of securities of foreign
mutual funds which are issued abroad. This guideline was amended in 2007.