Dwindling Funds: Jamaica’s Regulatory Oversight of Securities Amid Unprecedented Fraud Allegations
By Asha Wedemier-Allan, 2L This year, Jamaican authorities launched an investigation into a Kingston-based private investment firm. On January 10, 2023, Stocks and Securities Limited (“SSL”) notified authorities that a firm employee allegedly stole client funds. A preliminary investigation identified that the SSL employee defrauded the elderly, an Olympic gold medalist, and government agencies. The […]