The Eastern Caribbean Securities Regulatory Commission has issued a notice advising that all persons soliciting or conducting securities business or providing investment advice in the Eastern Caribbean Currency Union must be licensed by the Commission.
The notice, issued on March 6th, indicates that in keeping with the provisions of the Securities Act, securities must be registered by the Commission before they can be issued to the public.
The notice further reminded all investors and potential investors of the need to seek and accept advice only from licensed securities dealers or investment advisers, and to ensure that they have full information about the investment product, entity and the person with whom they have chosen to invest.
Investors should also request audited financial statements and other pertinent documents, such as investment and loan agreements, and certificates of participation and seek advice from an attorney or licensed investment adviser, the ECSRC concluded.
.
Network Tweets Archive
| Resources | Partners
| Site Map | Links
| Newsletter
Archive | Contact
| RSS Feeds
About | Syndication |
Advertising & Marketing |
Recruitment |
Terms & Conditions |
Privacy
Copyright © 2012 - All Rights Reserved - Tax-News.com
All content provided by BSI Media
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment