Abstract
- 1.
Principally governing the sale or transfer of securities in the Philippines is a statute, the Securities Act of 1936. It is supplemented by provisions of the Civil Code and regulation by governmental agency.
- 2.The purposes of the law are:
- a.
To protect the public by requiring issuer of securities to furnish the public with adequate financial information so the public may know what it is buying;
- b.
To protect the public from undue speculation by limiting margin requirements;
- c.
To protect the public by punishing those who manipulate the market.
- a.
Keywords
Stock Exchange Exchange Commission Insolvency Proceeding Investment House Commercial Paper
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information
© Springer Science+Business Media Dordrecht 1980