April 20, 2018
SEC MSRD
| TO | : | Trust Entities, Investment Houses, Investing Public and All Other Interested Parties |
| SUBJECT | : | Request for Comments on the Proposed Rules and Regulations on Determining Whether a Trust Fund is a Qualified Buyer |
NOTICE
The Securities and Exchange Commission intends to issue Rules and Regulations on Determining whether a Trust Fund is a Qualified Buyer. Hence, the Commission is inviting the trust entities, investment houses, the investing public and other interested parties to submit their views, comments and inputs to the proposed rules.
The draft SEC Memorandum Circular is hereto attached for your reference.
Commenters may submit, not later than 7 May 2018, their views, comments and inputs by email to [email protected])sec.gov.ph and [email protected].
Issued on April 20, 2018.
ATTACHMENT
SEC MEMORANDUM CIRCULAR NO. _____
Series of 2018.
| TO | : | ALL CONCERNED |
| SUBJECT | : | RULES AND REGULATIONS ON DETERMINING WHETHER A TRUST FUND IS A QUALIFIED BUYER |
SECTION 1. Coverage. —
These Rules shall apply to unit investment trust funds ("UITFs") and other funds managed by persons authorized by the Bangko Sentral ng Pilipinas ("BSP") to engage...
