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{
    "id": 492986,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/492986/?format=api",
    "text_counter": 293,
    "type": "speech",
    "speaker_name": "Hon. Gaichuhie",
    "speaker_title": "",
    "speaker": {
        "id": 17,
        "legal_name": "Nelson Ributhi Gaichuhie",
        "slug": "nelson-gaichuhie"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker. I beg to move that the Securities and Investment Analysts Bill, National Assembly Bill No.21 of 2014 be now read a Second Time. On 3rd June, 2014, the Securities and Investment Analysts Bill, 2014, which was sponsored by our Committee, the Committee on Finance, Planning and Trade was read for the first time and thereafter, committed to our Committee for examination. The Committee consulted the National Treasury, the Institute of Securities and Investments Analysts, the Capital Markets Authority and the Nairobi Stock Exchange. While examining the Bill, the Committee noted that the principal object of the Bill is to provide for the establishment, powers and functions of the Institute of Certified Secretaries and Investment Analysts and for the registration of certified securities and investment analysts to facilitate realisation of accountability, efficiency, trustworthiness, securities and investment analysts in Kenya. The Bill in Clause 5 provides that the expenditure of the institute shall be met by the funds generated by the institute and its bodies. It is not going to seek funds from the Exchequer."
}