July 24, 2020
CORPORATE GOVERNANCE AND FINANCE DEPARTMENT
NOTICE
The Commission hereby requests comments and/or inputs on the attached draft Memorandum Circular on the Amendments to the Implementing Rules and Regulations of the Investment Company Act, as amended.
Please submit duly signed written comments on the exposure draft to the Corporate Governance and Finance Department through electronic mail at [email protected] using the template provided. HTcADC
It is further requested that the comments/inputs be submitted not later than 07 August 2020 (Friday).
Issued on July 24, 2020.
ATTACHMENTS
Comments on the Draft Memorandum Circular on the Amendments to the Implementing Rules and Regulations of the Investment Company Act, as Amended
Name: _________________________ |
Company: _______________________ |
Provisions on the Draft Circular | Comments | Proposed Revision | Estimated Monetary Implications (Savings/Costs) of the proposed amendment |
SEC Memorandum Circular No. ___
Series of 2020
TO | : | INVESTMENT COMPANIES |
FUND MANAGERS | ||
OTHER ENTITIES DEALING WITH INVESTMENT COMPANIES | ||
SUBJECT | : | AMENDMENTS TO THE IMPLEMENTING RULES AND REGULATIONS OF THE INVESTMENT COMPANY ACT, AS AMENDED |
WHEREAS, Section 35 (a) of Republic Act No. 2629 or Investment Company Act and Section 72 of Republic Act No. 8799 or the...