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

  • Ask : 

    It is also known as the offer price. It is the lowest price which a seller is willing to accept for a security. It also typically stipulates the amount of the security the seller is willing to sell.

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  • High Close : 

    This is a tactic used by stock manipulators. During the final minutes of trading, they execute several small orders of a given stock at high prices to give the impression that the stock is doing better than it actually is because the closing price is the most widely quoted and will attract potential investors to buy the stock.

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  • Interest : 

    This is the fee charged by a lender to a borrower for the use of borrowed money, usually expressed as an annual percentage of the principal.

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  • Credit Rating : 

    This is the process of ascertaining the creditworthiness of a company or financial institution. Credit rating is not a recommendation to buy or sell but is an objective and independent assessment of the company so as to create risk awareness among investors.

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  • Certificate (Share Certificate) : 

    This is the physical document that shows ownership of a stock, bond or other security. However, after the introduction of the Central Depository System, paper certificates were rendered obsolete and through a process called immobilization, the movement of all paper certificates ceased.

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