Rules Requiring Attendance of SEC Representative in Press Conferences or Interviews Given by Listed Companies

April 17, 1974RULES REQUIRING ATTENDANCE OF SEC REPRESENTATIVE IN PRESS CONFERENCES OR INTERVIEWS GIVEN BY LISTED COMPANIESIn the interest and for the protection of investors, the Commission, pursuant to the powers vested in it under existing laws, particularly the Securities Act and Republic Act No. 1143, hereby promulgates the following rules:SECTION 1. In no case shall any corporation whose securities are listed and traded in any stock exchange hold, conduct or give any press conference or interview with media representatives which discloses anything concerning its condition, affairs or activities, or any contract, negotiation, plan, project or proposal of interest to investors and which may affect the price of its securities, without the attendance of a SEC official or representative.SECTION 2. Should the SEC be unable to send a representative to the conference or interview or the or the one designated for some valid cause or reason, cannot attend the same, the corporation shall see to it that written transcripts or notes of the material matters taken up at the conference or interview, duly signed and...