SECURITIES COMMISSION OF THE BAHAMAS
PRESS RELEASE - FOR IMMEDIATE RELEASE
RE: PUBLIC REVIEW AND COMMENTS – THE MUTUAL FUNDS BILL, 2002
March 28, 2002
The Securities Commission of the Bahamas (“the Commission”) invites the public to review and
comment on the draft Mutual Funds Bill (Bill) which is expected to replace the Mutual Funds Act,
1995.
The present legislation empowers the Commission to regulate mutual funds and to license mutual
funds administrators that operate within or from The Bahamas.
The proposed new legislation, upon enactment, will enhance the present regulatory framework,
providing for greater market efficiency, transparency and investor protection.
The public is invited to submit comments in writing before close of business on 16 April 2002. They
may be sent to-
The Securities Commission of the Bahamas
3rd Floor, Charlotte House
Charlotte Street
P.O. Box N-8347
By fax to: (242) 356- 7530
By e-mail to: secbd@batelnet.bs
Copies of the draft Bill are available in Adobe PDF format
from the Securities Commission website on the Legislation and Policies Page.
Please click here
to go directly to the Securities Commission Website.
- By notice dated 8th April 2002, The Securities Commission published a list of amendments to the draft Bill which will be incorporated into the final draft for enactment. These amendments can also be viewed on the Commission's website.