The Committee shall broadly address all matters trade and technical. These shall include legislative, regulatory, privatization, new listings, new products etc.
The Committee shall address the numerous problems that were associated with the Safaricom IPO refunds and seek ways by which Members can be refunded the monies owed to them and held at Citi Bank.
The Committee shall address Training and Certification of Members and agents, including resolving and seeking clarity on the current ICIFA / CISI certification.
The Committee shall explore ways by which KASIB shall raise funds both in the medium and long term.
Code of Ethics
These are shares of companies that have maintained a record of stable earnings and continuous dividend payments even through periods of economic downturn. They tend to fall less in a bear market and therefore provide a safe return to an investor’s money..
A beneficial owner is the true owner of a security who enjoys the benefits of ownership even though the title could be in another name..
A nominee is a person, bank or stockbroker in whose name securities are transferred in order to facilitate transactions..
This is the act of artificially rising or lowering the price of shares by creating an appearance of acting buying and selling. It is illegal.
Capital Reserves comprise of a company’s profits that are not normally distributed as cash dividends to shareholders. They can however be distributed as permanent share capital by way of bonus issues..