The law makes provision for any offences committed against the Securities Act. Notwithstanding, the commencement of criminal proceedings for a violation of the Securities Act, the law makes provision for civil action at the suit of a person who suffers pecuniary loss as a result of a contravention.

You should make a complaint directly to the company.  If your complaint is unresolved and the matter has occurred within the Eastern Caribbean Currency Union[1], make a complaint to the ECSRC.

[1]Member Territories of the Eastern Caribbean Currency Union included: Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia and Saint Vincent and the Grenadines.

A potential investor should check with the regulators (domestic and offshore) in the territory to determine if an investment opportunity is recognised and regulated. In addition, it may be considered prudent that persons/entities be suspicious about unsolicited emails, phone calls, letters, etc. that offers investment advice about products or services. If necessary, contact a lawyer, licensed broker dealer or licensed investment advisor to conduct research on the investment opportunity.

The ECSRC will not publicly disclose the existence of an investigation or details regarding an investigation, as disclosure may affect the outcome. In the investigation phase, the ECSRC will keep all investigations confidential so as to reduce the risk of potential harm to the character of the person/ entity under investigation if no further action is taken. If further action is taken, the investigation would be tried in a court of law.

Each country has enacted the Securities Act, which governs the securities market in the Eastern Caribbean Currency Union. In addition, there are subsidiary legislation in the form of Regulations and Rules. The purpose of the laws is to provide protection of investors in securities through a regional Eastern Caribbean Securities Regulatory Commission (ECSRC), by regulating the securities market, exchanges and persons engaged in securities business, and by regulating the public issue of securities and to provide for related matters.