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                    [ArticleID] => 148605
                    [Title] => PCD wants to phase out its depository counter service
                    [Summary] => The Philippine Central Depository (PCD) wants to phase out its depository counter service and the Securities and Exchange Commission (SEC) in imposing strict counter-measures to reduce the risks that will result from such a move.


In a proposal to the SEC’s market regulation department, the PCD said the depository counter service is no longer necessary because brokers have stopped availing themselves of this service since the Philippine Stock Exchange (PSE) removed its guarantee on conversions.


                    [DatePublished] => 2002-01-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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GRACIANO FELIZMENIO JR. TO

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                    [ArticleID] => 148605
                    [Title] => PCD wants to phase out its depository counter service
                    [Summary] => The Philippine Central Depository (PCD) wants to phase out its depository counter service and the Securities and Exchange Commission (SEC) in imposing strict counter-measures to reduce the risks that will result from such a move.


In a proposal to the SEC’s market regulation department, the PCD said the depository counter service is no longer necessary because brokers have stopped availing themselves of this service since the Philippine Stock Exchange (PSE) removed its guarantee on conversions.


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                    [AuthorName] => Des  Ferriols
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PCD wants to phase out its depository counter service

By Des Ferriols | January 28, 2002 - 12:00am

The Philippine Central Depository (PCD) wants to phase out its depository counter service and the Securities and Exchange Commission (SEC) in imposing strict counter-measures to reduce the risks that will result...

Business