Committees

CAPITAL MARKETS COMMITTEE 

CHARTER

1. TITLE

The name of the Committee shall be the Capital Markets Committee

2. MANDATE

The Board of Directors of the Securities Dealers Association of Trinidad and Tobago (“SDATT”) has delegated responsibility for the oversight of the development activity in the local or domestic capital markets to a committee of directors and members known as the Capital Markets Committee.

3. TERMS OF REFERENCE

• To shape industry practice, securities legislation and regulatory activities aimed at facilitating more efficient capital       markets activity in Trinidad and Tobago.

• To interact with the Trinidad and Tobago Securities Exchange Commission (“TTSEC”) and at regular intervals to      discuss and debate various rules and regulations introduced by TTSEC.

• To promote and advance the Securities Industry in keeping with International Developments to improve, develop and advise on securities and other instruments which impact the domestic securities landscape. To assist in the development of rules, regulations and guidelines that governs the conduct of Stockbrokers, Investment Advisors and other Securities Dealers or market actors.

• To monitor Government and Public action and reaction to Capital Market activities and report to the Board.

4. MEMBERSHIP

4.1 The committee will comprise no less than, but is not limited to, three (3) financial members of the board.

 

4.2 The Board of Directors of SDATT will appoint a Chairman. In the absence of the Chairman, the remaining members of the Committee present shall appoint one of their members to chair the meeting.

 

4.3 The Committee shall appoint one of their members to act as the Secretary, or alternatively the Committee may co-opt any member of staff to act as the Secretary for a specific meeting or for any longer period.

 

4.4 Inclusion on the committee will be by nomination, based on identified skills and competencies, and is on a voluntary basis. Additionally, the committee may, on an as needed basis, co-opt the services of other members to perform specific tasks.

5. QUORUM

The quorum necessary for the transaction of business shall be three (3) members.

6. FREQUENCY OF MEETINGS

The Committee shall meet at least four (4) times a year or more frequently as required. The Committee shall meet otherwise as required.

7. NOTICE OF MEETINGS

7.1. Meetings of the Committee shall be arranged by the Secretary at the request of any of the Chairperson or its members.

 

7.2 Notice of the meeting must be sent to all members of the committee entitled to attend stating the date, time, method and/or location of the meeting with and agenda of items to be discussed, supporting documents and minutes of the previous meeting, if any, well in advance.

 

7.3 All members of the committee that are entitled to attend a meeting must agree to a Waiver of Notice of meeting, if necessary, for the meeting to be valid. 

 

7.4 Each member of the committee is entitled to vote on matters before it and decisions at the meeting are decided by a majority of the members voting.

8. MINUTES OF MEETINGS

8.1 The Secretary shall minute the proceedings of all meetings of the Committee, including recording the names of those present and those in attendance.

 

8.2 Minutes of Committee meetings shall be circulated to all members of the Committee within ten (10) working days of a meeting.

 

8.3 Confirmed minutes to be included in Board of Directors Meeting documents.

9. REPORTING RESPONSIBILITIES

The Chairman shall report formally to the Board of Directors of SDATT on all matters which fall within the Committee’s remit

10. AMENDMENTS

The terms of reference shall be reviewed by the current Public Relations Committee annually from the date of approval and any changes submitted for approval of SDATT’s Board. They may be altered to meet the current needs of the Association, by agreement of the majority of the committee members.

 

PUBLIC RELATIONS COMMITTEE 

CHARTER

1. TITLE

The name of the Committee shall be the Public Relations Committee (hereafter referred to as “the PR Committee”)

 

.2. MANDATE

2.1. To assist the Board of Directors in carrying out the Association’s mission and strategic business objectives by developing and monitoring the Association’s communication protocols and promoting its initiatives.

 

2.2. Communication may be directed at all stakeholders, including but not limited to the following:

2.2.1 The Trinidad and Tobago investing public

2.2.2 The Trinidad and Tobago business sector

2.2.3 Governmental bodies

2.2.4 Various entities regulating the Trinidad and Tobago Financial Services Sector (CBTT, SEC, etc.)

2.2.5 Members of related, peripheral and support professions and disciplines

2.2.6 SDATT membership

 

3. TERMS OF REFERENCE

3.1 To develop a communications plan in conjunction the Board’s strategic direction.

3.2 To administer and manage content on SDATT’s website and other social media site

3.3 To develop and manage protocols for dissemination of both internal and external SDATT related information.

3.4 To be the primary coordinator for all public events of the association.

3.5 To advertise and promote SDATT and its related events and initiatives.

3.6 To advise the Board of Directors as it relates to its communication objectives

4. MEMBERSHIP

4.1 The committee will comprise no less than, but is not limited to, three (3) financial members of the board.

4.2 The Board of Directors of SDATT will appoint a Chairman. In the absence of the Chairman, the remaining     members of the Committee present shall appoint one of their members to chair the meeting. 

4.3 The Committee shall appoint one of their members to act as the Secretary, or alternatively the Committee may co-opt any member of staff to act as the Secretary for a specific meeting or for any longer period.

4.4 Inclusion on the committee will be by nomination, based on identified skills and competencies, and is on a voluntary basis. Additionally, the committee may, on an as needed basis, co-opt the services of other members to perform specific tasks.

5. QUORUM

The quorum necessary for the transaction of business shall be three (3) members.

6. FREQUENCY OF MEETINGS

The Committee shall meet at least four (4) times a year or more frequently as required. The Committee shall meet otherwise as required.

7. NOTICE OF MEETINGS

7.1 Meetings of the Committee shall be arranged by the Secretary at the request of any of the Chairperson or its members.

7.2 Notice of the meeting must be sent to all members of the committee entitled to attend stating the date, time, method and/or location of the meeting with and agenda of items to be discussed, supporting documents and minutes of the previous meeting, if any, well in advance.

7.3 All members of the committee that are entitled to attend a meeting must agree to a Waiver of Notice of meeting, if necessary for the meeting to be valid.

7.4 Each member of the committee is entitled to vote on matters before it and decisions at the meeting are decided by a majority of the members voting.

8. MINUTES OF MEETINGS

8.1 The Secretary shall minute the proceedings of all meetings of the Committee, including recording the names of those present and those in attendance.

8.2 Minutes of Committee meetings shall be circulated to all members of the Committee within ten (10) working days of a meeting.

8.3 Confirmed minutes to be included in Board of Directors Meeting documents.

9. REPORTING RESPONSIBILITIES 

The Chairman shall report formally to the Board of Directors of SDATT on all matters which fall within the Committee’s remit.

10.AMENDMENTS

The terms of reference shall be reviewed by the current Public Relations Committee annually from the date of approval and any changes submitted for approval of SDATT’s Board. They may be altered to meet the current needs of the Association, by agreement of the majority of the committee members.

 
 

REGULATORY COMMITTEE 

CHARTER

1. TITLE

The name of the Committee shall be the Regulatory Committee.

2. MANDATE

2.1. To assist the Board to effectively in serving the interest of its members towards development and improvement which impacts standards of conduct, technical skills requirements, ethical behavior, compliance and the regulatory environment in which they operate.

3. TERMS OF REFERENCE

3.1. To develop educational programs and material to advance the knowledge of its members and the general public.

3.2. To work closely with the Securities & Exchange Commission and the Trinidad and Tobago Stock Exchange in developing and effective and efficient Capital Market.

3.3. To review and make recommendations to the Board on existing and pending rules and regulations.

3.4. To help ensure investors’ confidence in the integrity of the Capital Market, securities professionals and Investment advisors.

3.5. To assist in establishing rules, regulations and discipline procedures that governs the conduct of its membership

 

4. MEMBERSHIP

4.1 The committee will comprise no less than, but is not limited to, three (3) financial members of the board.

4.2 The Board of Directors of SDATT will appoint a Chairman. In the absence of the Chairman, the remaining members of the Committee present shall appoint one of their members to chair the meeting.

4.3 The Committee shall appoint one of their members to act as the Secretary, or alternatively the Committee may co-opt any member of staff to act as the Secretary for a specific meeting or for any longer period.

4.4 Inclusion on the committee will be by nomination, based on identified skills and competencies, and is on a voluntary basis. Additionally, the committee may, on an as needed basis, co-opt the services of other members to perform specific tasks.

5. QUORUM

The quorum necessary for the transaction of business shall be three (3) members.

 

6. FREQUENCY OF MEETINGS

The Committee shall meet at least four (4) times a year or more frequently as required. The Committee shall meet otherwise as required.

 

7. NOTICE OF MEETINGS

7.1 Meetings of the Committee shall be arranged by the Secretary at the request of any of the Chairperson or its members.

7.2 Notice of the meeting must be sent to all members of the committee entitled to attend stating the date, time, method and/or location of the meeting with and agenda of items to be discussed, supporting documents and minutes of the previous meeting, if any, well in advance.

7.3 All members of the committee that are entitled to attend a meeting must agree to a Waiver of Notice of meeting, if necessary for the meeting to be valid.

7.4 Each member of the committee is entitled to vote on matters before it and decisions at the meeting are decided by a majority of the members voting.

8. MINUTES OF MEETINGS

8.1 The Secretary shall minute the proceedings of all meetings of the Committee, including recording the names of those present and those in attendance.  

8.2 Minutes of Committee meetings shall be circulated to all members of the Committee within ten (10) working days of a meeting.

8.3 Confirmed minutes to be included in Board of Directors Meeting documents.

9. REPORTING RESPONSIBILITIES

The Chairman shall report formally to the Board of Directors of SDATT on all matters which fall within the Committee’s remit.

 

10. AMENDMENTS

The terms of reference shall be reviewed by the current Public Relations Committee annually from the date of approval and any changes submitted for approval of SDATT’s Board. They may be altered to meet the current needs of the Association, by agreement of the majority of the committee members.

CONTACT US      Email address: info@sdattonline.org       Telephone: 345-7735

Mailing address: P.O. Box 3080, St. James Post Office, St. James, Trinidad & Tobago, W.I.

Registered address: 18 Scott Bushe Street, Port of Spain, Trinidad & Tobago, W.I.
 

Disclaimer: The Securities Dealers Association of Trinidad and Tobago cannot and does not guarantee the performance of any saving or investment portfolio provided by its Member Companies  or any Company operating within the Securities Industry in Trinidad and Tobago.