January 24, 2020
CORPORATE GOVERNANCE AND FINANCE DEPARTMENT
NOTICE
The Commission hereby requests comments on the attached draft Memorandum Circular on the Rules on Investment in Financial Derivatives.
Please submit duly signed written comments on the exposure draft to the Corporate Governance and Finance Department of this Commission not later than 07 February 2020 (Friday), by way of any of the following:
Letter | Corporate Governance and Finance Department |
[email protected] |
All interested parties are requested to use the attached Comments Table in submitting comments and proposed revisions.
Issued on January 24, 2020.
ATTACHMENT
SEC Memorandum Circular No. ___
Series of 2020
| TO | : | ALL INVESTMENT COMPANIES |
| FUND MANAGERS | ||
| OTHER ENTITIES DEALING WITH INVESTMENT COMPANIES | ||
| SUBJECT | : | RULES ON INVESTMENT IN FINANCIAL DERIVATIVES |
WHEREAS, Section 35 (a) of Republic Act No. 2629 or Investment Company Act and Section 72 of Republic Act No. 8799 or the Securities Regulation Code (SRC), vest upon the Commission the authority to make, issue, amend, and rescind rules and regulations and orders which are necessary or appropriate to the exercise...
