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"id": 493516,
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"type": "speech",
"speaker_name": "Hon. Bitok",
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"speaker": {
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"legal_name": "Stephen Kirwa Bitok",
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"content": "Thank you so much hon. Speaker for giving me this opportunity to contribute on the Securities and Investment Analysts Bill which from the outset I support. Being a professional, I look at is as a positive direction taken by this country to bring order in management of financial markets and also to contribute to economic growth and orderliness in undertaking businesses. It can also be a way of controlling the upsurge of quacks in the industry which in the end leads people astray. In enacting this Bill, we will be able to control the way we undertake activities in this country. I am happy to note that the body that will be examining the professionals is the body that has been in Kenya for quite a while and has produced professionals like the Certified Public Accountants, Public Secretaries, Certified Credit Professionals and so on. Coming into securities and investments, you realize it will come a long way in ensuring that as a middle income economy, we have the right bodies to undertake controls and also give us certified information that will be relied on and people can have recourse to a body that is properly controlled. This will go a long way in giving us leeway to further establishment of markets within and without Kenya. I support."
}