June 15 — Two new commissioners have been appointed to serve on the Eastern Caribbean Securities Regulatory Commission (ECSRC), the regulatory body for the Eastern Caribbean Securities Market (ECSM). The ECCB Monetary Council appointed Dr. Vincent Richards of Antigua and Barbuda and Lucia Livingston Andall of Grenada to serve on the commission during its 66th meeting, which was held on 5 March. The new Commissioners, who will serve for two years, have filled vacancies created By the outgoing Chairman Calvin Rodgers, GCM of Antigua and Barbuda, and Crispin Sorhaindo of the Commonwealth of Dominica whose terms of service ended on 1 December 2009 and 18 October 2009, respectively. The Monetary Council also appointed Errol N Allen of St Vincent and the Grenadines and Arthur Thomas of Antigua and Barbuda as the new Chairman and Deputy Chairman, respectively. They will serve for five years. The other Commissioner is Ambrose Sylvester of the Commonwealth of Dominica. The primary functions of the five-member ECSRC Commission are to maintain the integrity of the ECSM, protect investors, promote market efficiency and facilitate market development. The ECSRC has also appointed Kennedy Byron to serve as Secretary to the Commission with effect from 1 March 2010. Byron replaces Henry Hazel.