The Trinidad and Tobago Securities and Exchange Commission (“the Commission”) has confirmed that a foreign national, Mr. Ramy Ghattas an employee or agent of Bear, Stearns & Co. Inc. (“Bear Stearns”), has on a number of occasions visited and conducted business of a securities nature in the Republic of Trinidad and Tobago.
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 Trinidad and Tobago Securities and Exchange Commission has noted with concern, the practice by many companies listed on the Trinidad and Tobago Stock Exchange, of disseminating price sensitive information to certain select persons and audiences ahead of their release of such information to the general public. Such action constitutes Selective Disclosure, a practice not conducive to the operation of a fair and equitable securities market.
The Trinidad and Tobago Securities and Exchange Commission (the “Commission”) advises that NONE of the following entities: INCORPORATED TRADERS LIMITED of 1 Trial Street, Chaguanas, Trinidad or INCORPORATED TRADERS INC. or INCORPORATED TRADERS HOLDING CORPORATION or any person employed by any of these entities is registered with the Commission
