SEC tightens rules on investment firms

PHILIPPINE STAR/MIGUEL ANTONIO N. DE GUZMAN By Angelica Y. Yang THE SECURITIES and Exchange Commission (SEC) has tightened the rules covering investment companies and fund managers, in order to align with global best practices and to better protect shareholders. SEC Memorandum Circular No. 33 amended the implementing rules and regulations […]

SEC tightens rules on investment firms

PHILIPPINE STAR/MIGUEL ANTONIO N. DE GUZMAN By Angelica Y. Yang THE SECURITIES and Exchange Commission (SEC) has tightened the rules covering investment companies and fund managers, in order to align with global best practices and to better protect shareholders. SEC Memorandum Circular No. 33 amended the implementing rules and regulations […]