Concurrent with the transformation of the Barbados Financial System, the need for market monitoring is expected to rise over time. Given the ongoing internationalization of securities markets and transactions, it is becoming increasingly important to upgrade the system and strengthen regional cooperation to deal with violation of market fairness which extends beyond national borders. In upgrading the system and fulfilling responsibilities as regulator, the role of the Securities Exchange of Barbados has become more important and has been extended to its maximum. This outline seeks to describe the deliverables at which the proposed regulatory reform is targeted and should enhance understanding of the need for a Securities and Exchange Commission and the importance of its presence in the activities of the Barbados capital market.