The SEC is proposing to amend the regulation on filing the application for establishment and management of mutual funds by allowing electronic submission of all required documents through the Online
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undertaking as well as to protect investors? best interest.?The four key areas are:?1. Provisions on Stock Exchange: The proposed revisions include (1) granting the power to approve the rules on securities
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granted by the SEC Board or the Minister of Finance. Statutory Power The SEC has powers and authorities under the SEC Act to regulate all aspects of the securities market. These include powers to grant or
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in raising funds for both public and private sectors, thanks in large part to the cooperation among the SEC, capital market organizations and listed firms in underlining the importance and