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Securities Amendment Bill 2013

On Wednesday July 9, 2014 at the 33rd Sitting of the 4th Session of the 10th Republican Parliament the Securities (Amendment) Bill, 2013 was read for the third time in the Senate. There were contributions by Sen. the Hon. Larry Howai [Minister of Finance and the Economy], Sen. Faris Al-Rawi [Opposition Senator], Sen. Dr. Dhanayshar Mahabir [Independent Senator], Sen. David Small [Independent Senator], Sen. Dr. Lester Henry [Opposition Senator]. A division was taken, 28 Senators voted in favour of the Bill, no one voted against and there were no abstentions.

Proposed Amendments to Securities Act 2012

This document contains proposed amendments to the Securities Act 2012.

TTSEC Proposed Amendments to Securities Act

Securities Bill 2012

The Securities Bill 2012 was introduced on Wednesday November 7 2012 and seeks to protect investors from unfair and improper practices, foster fair and efficient capital markets, promote confidence in the securities industry and reduce systemic risk.

Proposed Legislation

The Commission would like to thank everyone who submitted feedback or attended the Public consultations on the Draft Securities Bill. The revised draft legislation is attached.

TTSEC Securities Bill 2012

Comments on the Draft Securities Bill 2012 can be sent to SIB2012@ttsec.org.tt by June 8th 2012. Public consultations will be at the Yara Auditorium ALJGSB on June 12th (8.30 -11.00 am) and Mt Irvine Bay Hotel Tobago on June 13th ( 4.00-6.00 pm).

Securities Bill 2010

The Securities Bill 2010 seeks to provide protection to investors from unfair, improper or fraudulent practices; foster fair and efficient capital markets and confidence in the capital markets in Trinidad and Tobago and to reduce systemic risk; to co-operate with other jurisdictions in the development of fair and efficient capital markets; and for other related matters

Proposed Securities Bill 2009

The Securities Bill 2009 seeks to provide protection to investors from unfair, improper or fraudulent practices; foster fair and efficient capital markets and confidence in the capital markets in Trinidad and Tobago and to reduce systemic risk; to co-operate with other jurisdictions in the development of fair and efficient capital markets; and for other related matters

Guidelines For Insider Reporting

The purpose of these guidelines is assist persons connected to reporting issuers (“Insiders”) in reporting their ownership of and transactions in securities of issuers of which they are Insiders.

The guidelines strive to clarify the reporting obligations of Insiders and to promote consistency in filings to ensure that Insiders properly disclose their trading activities. The directions contained here are guidelines only, and do not necessarily represent the only way that such trading may be reported.

Proposed Legislation – Securities Act 2009

This Act may be cited as the Securities Act 2007

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