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                    [Title] => SEC mulls control over certain UITF operations
                    [Summary] => The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority.


UITFs are pooled trust funds in acceptable currencies operated by a trust entity regulated by the Bangko Sentral ng Pilipinas (BSP).  Banks started selling UITFs last year and the sector grew to as much as P300 billion by April this year. 


The possible transfer of UITF regulation to the SEC is among the items being discussed under the proposed Revised Investment Companies Act (RICA).


                    [DatePublished] => 2006-07-06 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 345872
                    [Title] => SEC mulls control over certain UITF operations
                    [Summary] => The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority.


UITFs are pooled trust funds in acceptable currencies operated by a trust entity regulated by the Bangko Sentral ng Pilipinas (BSP).  Banks started selling UITFs last year and the sector grew to as much as P300 billion by April this year. 


The possible transfer of UITF regulation to the SEC is among the items being discussed under the proposed Revised Investment Companies Act (RICA).


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INVESTMENT ACT

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                    [ArticleID] => 345700
                    [Title] => SEC mulls control over certain UITF operations
                    [Summary] => The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority.


UITFs are pooled trust funds in acceptable currencies operated by a trust entity regulated by the Bangko Sentral ng Pilipinas (BSP).  Banks started selling UITFs last year and the sector grew to as much as P300 billion by April this year. 


The possible transfer of UITF regulation to the SEC is among the items being discussed under the proposed Revised Investment Companies Act (RICA).


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                    [ArticleID] => 345872
                    [Title] => SEC mulls control over certain UITF operations
                    [Summary] => The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority.


UITFs are pooled trust funds in acceptable currencies operated by a trust entity regulated by the Bangko Sentral ng Pilipinas (BSP).  Banks started selling UITFs last year and the sector grew to as much as P300 billion by April this year. 


The possible transfer of UITF regulation to the SEC is among the items being discussed under the proposed Revised Investment Companies Act (RICA).


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abtest

SEC mulls control over certain UITF operations

By Zinnia B. Dela Peña | July 6, 2006 - 12:00am

The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority. UITFs are pooled trust funds in acceptable currencies...

Business

SEC mulls control over certain UITF operations

By Zinnia B. Dela Peña | July 6, 2006 - 12:00am

The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority. UITFs are pooled trust funds in acceptable currencies...

Business