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{
    "id": 862704,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/862704/?format=api",
    "text_counter": 373,
    "type": "speech",
    "speaker_name": "Garissa Township, JP",
    "speaker_title": "Hon Aden Duale",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Clause 5 of the Bill proposes to amend Section 18 of the Capital Markets Act so as to enhance investor protection by providing compensation to persons who provide new and timely information on any violation relating to securities. So, Clause 5 amends Section 18 to give investors protection where they give compensations to any person who assists the Authority to provide timely information when any violation relating to the securities occurs. This clause also provides for the administration of the Investor Compensation Fund to be done by the Authority. So, there will be an administrator to be in charge of the Investor Compensation Fund."
}