- INVESTOR RESOURCES
Investors Resources
- TIPS, TOOLS & QUIZZES
Tips, Tools & Quizzes
The ECSM is the financial sector of the ECCU in which transactions relating to the sale and purchase of securities take place.
The ECSRC’s goals are to:
The primary functions of the ECSRC are to:
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.
Saving involves the protection and preservation of money from loss. It is the process of putting cash aside in extremely safe and liquid (meaning they can be accessed in a very short time) accounts. Investing, on the other hand, is the process of using money to purchase an asset that you think will generate an acceptable return over time. This however involves risk which may result in loss.
Some of the ways in which the ECSRC serves to protect investors are:
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.
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.
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