Notice is hereby given that cable and wireless (St Kitts and Nevis) ltd is fined the sum of $100,000.00 for breach of the securities (continuing disclosure obligations of issuers) regulations of the securities act cap. 21.16.
An individual who carries on the business of giving advice on securities, or holds himself out as conducting such a business, as defined by the legislation. Such a person is regarded as carrying on business giving advice on securities if he is involved in the business of advising others concerning investment in securities, issuing analyses or reports concerning specific securities, and/or managing a portfolio of securities for another person without holding property of the other person.
