the SEC views that the appointed directors have infamous conducts, or there is a cause to reasonably suspect of their being threats to the economy and stability of the country or to the public order or
national economy. At present, there are six legislations administered by the SEC, namely: the Securities and Exchange Act of 1992 ; the Derivatives Act of 2003 ; the Trust for Transactions in Capital Market
country (home economy) to be offered publicly in other participating countries (host economies) through locally licensed or regulated distributors upon approval as an ARFP fund and host jurisdiction
economies participating in the ARFP. The ARFP allows units of funds authorized in a participating country (home economy) to be offered publicly in other participating countries (host economies) through
ARFP allows units of funds authorized in a participating country (home economy) to be offered publicly in other participating countries (host economies) through locally licensed or regulated distributors
rules for the trading, clearing and settlement of securities must be approved by the SEC Board. In the case where there are adverse effects to the public or the economy, the SEC Board has the powers to