Last update: 28-Jul-2014 1:32 am
Monday, July 28, 2014
Trinidad & Tobago Guardian Online
You are here
Protocol agreement to boost T&T’s capital market
Gregory Hill, president of the Securities Dealers' Association of Trinidad and Tobago (SDATT), hopes a protocol agreement signed yesterday with the T&T Securities Exchange Commission (TTSEC) will lead to better communication between the two bodies and boost development of the capital market in T&T.
“It facilitates better co-operation and communication between the TTSEC and the SDATT to fulfill requested duties, responsibilities and key stakeholder objectives,” he said during the signing ceremony at the Courtyard Marriott in Port-of-Spain.
Hill said the signing is critical for two of the SDATT’s core objectives—addressing legislative matters affecting the securities industry and advancing the local capital market. “The local market is constantly evolving and we have to work closely with the TTSEC,” he said. Wain Iton, CEO of the TTSEC, said the agreement helps with fair and balanced regulation and he is confident the local capital market will continue to grow.