June 7, 2011
SEC-MRD OPINION
Philippine Stock Exchange, Inc.
PSE Plaza
Ayala Triangle, Makati City
Fax No. 891-9004
Attention: Mr. Hans B. Sicat
President & CEO
Gentlemen:
Attached are two (2) copies of the approved PSE's proposed Rules on Establishing and Maintaining Branches and/or Agencies of Trading Participants Agencies of Trading Participants, bearing the signatures of PSE representatives and countersigned by the Director, Market Regulation Department, SEC. IEAHca
Please immediately post the amended rules in your website and inform the Commission on the effectivity of the amended rules.
We also suggest that the Exchange conduct information campaign about the changes in the rules for the guidance of listed companies, trading participants and the investing public. DTSaHI
Very truly yours,
(SGD.) JOSE P. AQUINO
Director
ATTACHMENT
Rules on Establishing and Maintaining Branches and/or Agencies of Trading Participants
ARTICLE I
General Provisions
SECTION 1. Coverage. — These Rules shall apply to Trading Participants who establish and maintain branches; and to those who, in connection with the conduct of their securities business, contract the services of an agent to represent them or act on their behalf in dealing with third parties. IEAHca
SECTION 2. Definitions. — (a) In...
