Trinidad and Tobago Securities and Exchange Commission

The Commission is an independent regulatory body that possesses quasi-legislative and quasi-judicial powers. The Securities Industry Act 1995 provides for the appointment of no less than three and no more than seven Commissioners to the Board of the Commission. The present Board consists of six Commissioners. The principal functions of the Commission are to:

Advise the Minister of Finance on all matters relating to the securities industry;

Maintain surveillance over the securities market and ensure open, fair and equitable dealings in securities;

Register, authorize or regulate reporting issuers, self-regulatory organizations and market actors (including brokers, dealers, traders, investment advisers etc.) to ensure that proper standards of conduct and professionalism are maintained in securities business;

Protect the integrity of the securities market against any abuses arising from the practice of insider trading; and Create and promote such conditions in the securities market as may seem necessary, advisable or appropriate to ensure the orderly growth and development of the capital market. The Commission is charged with the responsibility of ensuring that market actors comply with the provisions of the Securities Industry Act 1995 and the accompanying regulations, the Securities Industry By-laws 1997 and the Securities Industry (Take-Over) By-Laws 2005.