The Certified Financial Analysts (CFA) Society of the Bahamas (CFASB) has met with Securities Commission of the Bahamas (SCB) representatives for dialogue on matters impacting the sector.
The meeting was held at the offices of the Commission on February 6, 2013.
“The CFASB is looking forward to working closely with the SCB to strengthen professional standards, promote more global investment designations and foster a high degree of integrity and ethics within the investment industry” said Velma Miller, the CFASB’s president.
Dave Smith, the SCB’s executive director, said the visit was part of the regulator’s initiative to advance its collaborative approach with industry stakeholders.
Advocacy issues (insider trading, disclosures and market monitoring), changes to the securities industry’s governing legislation, formal certification for investment professionals, and employment opportunities within the industry for CFA charter holders were among the key issues discussed.
The CFASB is a non-profit society whose chief goal is to encourage and assist individuals in the investment management industry.
Representing the CFASB along with Ms Miller were Board Members Sonia Beneby, David Ramirez and Andrew Strachan. The SCB was represented by Mr Smith, legal counsel Mechelle Martinborough, and inspections manager Denise O’Brien.