Regional Debt Coordinating Committee Convenes its 30th Meeting
Basseterre, St Kitts 1 July 2010
The Regional Debt Coordinating Committee (RDCC) convened its 30th Meeting on 24 June 2010 at the ECCB Headquarters in St Kitts and Nevis. The meeting provided an opportunity for the Committee members to continue discussions on a number of regulatory and policy issues with respect to the development of the Regional Government Securities Market (RGSM).
Acknowledging the potential contribution that small investors can make to the development of the government securities market, the Committee pledged its commitment to making the RGSM more accessible to the small investor. Accordingly, members also recognised the need to strengthen regional promotion of the RGSM.
The Committee also adopted new rules designed to strengthen the regulatory framework which governs broker activity in the auction process. This decision will assist with ensuring that the rules of the market are consistently applied to all licensed broker-dealers. During the meeting