Regulatory Alerts2008-01-30
Guidelines for the Offering and Distribution of Structured Products
The Trinidad and Tobago Securities and Exchange Commission issued these guidelines to regulate the offering and distribution of structured products under the Securities Industry Act 1995. The document mandates registration for all issuers and marketers, establishes strict capital adequacy requirements for underwriters, and enforces comprehensive disclosure standards including risk statements and suitability assessments. It further requires continuous post-registration reporting and ensures fair dealing practices to protect investors from the inherent complexities and risks of these hybrid financial instruments.
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