Rules on Investment in Financial Derivatives

January 24, 2020CORPORATE GOVERNANCE AND FINANCE DEPARTMENTNOTICEThe 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: LetterCorporate Governance and Finance DepartmentGround Floor, North Wing Hall, Secretariat Bldg.PICC Complex, Vicente Sotto St.1307 Pasay CityEmail[email protected] All interested parties are requested to use the attached Comments Table in submitting comments and proposed revisions. Issued on January 24, 2020.ATTACHMENTSEC 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 of...