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                    [Title] => Banks, fund managers challenge BIR rule before SC
                    [Summary] => 
Believing that giving out the alphabetical list (alphalist) of their clients to government regulators is unconstitutional and would put them in harm’s way, the securities and banking industries have asked the Supreme Court to stop the Bureau of Internal Revenue (BIR), the Department of Finance (DOF) and the Securities and Exchange Commission (SEC) from enforcing such order contained in Revenue Regulation (RR) 01-14 and RMC 05-14.

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MARMON HOLDINGS INC

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Believing that giving out the alphabetical list (alphalist) of their clients to government regulators is unconstitutional and would put them in harm’s way, the securities and banking industries have asked the Supreme Court to stop the Bureau of Internal Revenue (BIR), the Department of Finance (DOF) and the Securities and Exchange Commission (SEC) from enforcing such order contained in Revenue Regulation (RR) 01-14 and RMC 05-14.

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abtest

Banks, fund managers challenge BIR rule before SC

September 8, 2014 - 12:00am

Believing that giving out the alphabetical list (alphalist) of their clients to government regulators is unconstitutional and would put them in harm’s way, the securities and banking industries have asked the...

Business