Senior members of staff of the Trinidad and Tobago Securities and Exchange Commission (“the Commission”) joined their counterparts from the region at the third annual conference of the Caribbean Group of Securities Regulators (CGSR)
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GUIDELINES ON SHARE REPURCHASES PURSUANT TO THE COMPANIES ACT 1995 AND THE SECURITIES INDUSTRY
(TAKE-OVER) BY-LAWS, 2005
Issued in accordance with section 6(b) of the Securities Industry Act, 1995
October 1, 2006
The public is hereby advised that only persons and entities registered by the Trinidad and Tobago Securities and Exchange Commission (“the Commission”) under the Securities Industry Act 1995 (“the Act”) are permitted to deal in securities and/or offer investment advice in Trinidad and Tobago.
The Commission is strongly advising members of the public that there are inherent risks involved in conducting business with unregistered individuals or entities.
Before you invest, follow these steps:
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 Stock Exchange Limited (“the Stock Exchange”) by letter dated June 22, 2005, filed with the Trinidad and Tobago Securities and Exchange Commission (“the Commission”) a proposal to amend the Trinidad and Tobago Stock Exchange Rules pursuant to section 40(1) of the Securities Industry Act, 1995 (“the Act”). The purpose of the amendment is to provide for an error account.
