 The establishment of the Stock Exchange under the provisions of the Securities Industry Act 1981 was a natural extension of the policy to formalise the securities market in Trinidad and Tobago.This Act was proclaimed on 23 October 1981 and the Stock Exchange was formally opened on 26 October 1981 under the auspices of the Ministry of Finance.Over the years and leading up to the current time, there was no doubt that the original Securities Law, that is, The Securities Industry Act, 1981 became ineffective.