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{
    "id": 493459,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/493459/?format=api",
    "text_counter": 160,
    "type": "speech",
    "speaker_name": "Hon. Wakhungu",
    "speaker_title": "",
    "speaker": {
        "id": 1889,
        "legal_name": "Chrisantus Wamalwa Wakhungu",
        "slug": "chrisantus-wamalwa-wakhungu"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker. I rise to support the Bill. This Bill is long overdue. We are aware there is Certified Public Analysts and I have discussed this with the Chair. In terms of consistency, for instance, we have the Institute of Certified Public Accountants of Kenya (ICPAK). When we go to the Third Reading, we will recommend that this institute be given a name that is consistent with the profession. So, it should be called ICFAK, that is Institute of Certified Financial Analysts of Kenya. I think that is going to be in line with the existing bodies. This body has been long overdue. It is going to advise in terms of investments. We saw Safaricom, Equity, KenGen and many other organisations that were listed in the Nairobi Stock Exchange (NSE). We did not have professionals to advise investors on how to invest. As a practice and discipline, we have some investors who want to be long term and others who want to be short term."
}