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                    [ArticleID] => 238335
                    [Title] => SEC sets probe on sale of PSE shares
                    [Summary] => The Securities and Exchange Commission (SEC) will look into transactions involving shares of the Philippine Stock Exchange (PSE) to determine whether the buyers involved in these trades are the brokers themselves.


"We plan to look into trades involving  PSE shares to determine whether there were brokers that participated in the transaction.  If they participated, they have in effect violated our rules and must therefore be prosecuted," SEC chairperson Lilia R. Bautista said.


                    [DatePublished] => 2004-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 233792
                    [Title] => SEC issues rules on 20% ownership limit
                    [Summary] => The Securities and Exchange Commission (SEC) has issued rules governing the trading of shares of the Philippine Stock Exchange to ensure full compliance of the 20-percent single industry share ownership limit rule under the Securities Regulation Code.


Under the SRC, no individual can own more than five percent of the exchange and no single business group can hold more than 20 percent.  


                    [DatePublished] => 2004-01-03 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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CLIENT CODE

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                    [ArticleID] => 238335
                    [Title] => SEC sets probe on sale of PSE shares
                    [Summary] => The Securities and Exchange Commission (SEC) will look into transactions involving shares of the Philippine Stock Exchange (PSE) to determine whether the buyers involved in these trades are the brokers themselves.


"We plan to look into trades involving  PSE shares to determine whether there were brokers that participated in the transaction.  If they participated, they have in effect violated our rules and must therefore be prosecuted," SEC chairperson Lilia R. Bautista said.


                    [DatePublished] => 2004-02-10 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                )

            [1] => Array
                (
                    [ArticleID] => 233792
                    [Title] => SEC issues rules on 20% ownership limit
                    [Summary] => The Securities and Exchange Commission (SEC) has issued rules governing the trading of shares of the Philippine Stock Exchange to ensure full compliance of the 20-percent single industry share ownership limit rule under the Securities Regulation Code.


Under the SRC, no individual can own more than five percent of the exchange and no single business group can hold more than 20 percent.  


                    [DatePublished] => 2004-01-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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abtest

SEC sets probe on sale of PSE shares

By Zinnia B. Dela Peña | February 10, 2004 - 12:00am

The Securities and Exchange Commission (SEC) will look into transactions involving shares of the Philippine Stock Exchange (PSE) to determine whether the buyers involved in these trades are the brokers themselves. "We...

Business

SEC issues rules on 20% ownership limit

By Zinnia B. Dela Peña | January 3, 2004 - 12:00am

The Securities and Exchange Commission (SEC) has issued rules governing the trading of shares of the Philippine Stock Exchange to ensure full compliance of the 20-percent single industry share ownership limit rule...

Business