info[at]kasib.co.ke

KASIB's Acts and Guidelines

CMA Acts :

The Capital Market Authority Act

The Capital Markets Authority

Guidelines :

Corporate Governance Guidelines 2002

Corporate Governance Guidelines 2002

Kenyan Constitution :

The Kenya Constitution

Current Constitution of Kenya

Parliament Acts :

Central Deposit Act

Central Depositories Act 2000

Parliament Acts :

Central Deposit Act

Central Depositories Act 2000

Regulations :

The Central Depositories (Regulation of Central Depositories) Rules 2004

The Central Depositories (Regulation of Central Depositories) Rules 2004

Regulations :

The Capital Markets (Securities) (Public Offers Listing and Disclosure) Regulations 2002

The Capital Markets (Securities) (Public Offers Listing and Disclosure) Regulations 2002

Regulations :

The Capital Markets (Take overs and Mergers) Regulations, 2002

The Capital Markets (Take overs and Mergers) Regulations, 2002

Regulations :

The Capital Markets (Foreign Investors) Regulations 2002

The Capital Markets (Foreign Investors) Regulations 2002

Regulations :

The Capital Market (Licensing Requirements) (General) Amendment Regulations 2009

The Capital Market (Licensing Requirements) (General) Amendment Regulations 2009

Regulations :

Capital Markets (Registered Venture Capital Companies) Regulations 2007

Capital Markets (Registered Venture Capital Companies) Regulations 2007

Advocacy

Lobbying

Union

Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Earnings per Share : 

    This is the portion of a company’s profit after tax that is allocated to each ordinary share. It is calculated by dividing the net profit by the number of ordinary shares. It serves as an indicator of the company’s profitability and is considered the single most important variable in determining a share’s price.

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  • Proxy : 

    A proxy is an agent legally authorized to act on behalf of a shareholder during meetings of the company and to vote on his behalf.

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  • Front Running : 

    This is an illegal activity where a stockbroker buys or sells shares in his/her own name while taking advantage of advance knowledge of pending orders from his customers. Example; if a stockbroker buys himself 10,000 shares of a company just before he buys 1,000,000 shares of the same company for his client.

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  • Amalgamation : 

    This is when two companies, previously independent of one another, combine to form a new company.

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  • Naked Position : 

    This is holding securities that are not hedged against market risk. Both the potential risk and reward is high. It is rarely a concern for smaller investors but is usually a major concern for large investors.

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