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                    [ArticleID] => 101525
                    [Title] => PSE asks Congress to allow dual functions for brokers, dealers
                    [Summary] => 

As the Senate and the House prepare to convene a conference committee to
reconcile conflicting provisions of the proposed new Securities Act, the
Philippine Stock Exchange made a pitch anew to allow brokers to also act as
dealers in stock market transactions.

PSE officials said segregating the broker-dealer functions would dampen market
enthusiasm and might scare away foreign investors.

The House version of the proposed act authored by Rep. Macario Laurel maintains
the status quo and allows brokers to act as dealers but the Senate version
authored by Sen.
                    [DatePublished] => 2000-02-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

YULO JR.

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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 101525
                    [Title] => PSE asks Congress to allow dual functions for brokers, dealers
                    [Summary] => 

As the Senate and the House prepare to convene a conference committee to
reconcile conflicting provisions of the proposed new Securities Act, the
Philippine Stock Exchange made a pitch anew to allow brokers to also act as
dealers in stock market transactions.

PSE officials said segregating the broker-dealer functions would dampen market
enthusiasm and might scare away foreign investors.

The House version of the proposed act authored by Rep. Macario Laurel maintains
the status quo and allows brokers to act as dealers but the Senate version
authored by Sen.
                    [DatePublished] => 2000-02-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

PSE asks Congress to allow dual functions for brokers, dealers

February 1, 2000 - 12:00am

As the Senate and the House prepare to convene a conference committee to reconcile conflicting provisions of the proposed new Securities Act, the Philippine Stock Exchange made a pitch anew to allow brokers to...

Business