𝗦𝗘𝗖 𝗢𝗨𝗧𝗟𝗜𝗡𝗘𝗦 𝗥𝗨𝗟𝗘𝗦 𝗢𝗡 𝗘𝗫𝗘𝗠𝗣𝗧 𝗧𝗥𝗔𝗡𝗦𝗔𝗖𝗧𝗜𝗢𝗡𝗦 𝗨𝗡𝗗𝗘𝗥 𝗦𝗥𝗖
The Securities and Exchange Commission (SEC) has released guidelines on exempt transactions under Section 10 of the Securities Regulation Code (SRC), streamlining procedures to promote ease of doing business while ensuring investor protection. This amendment clarifies when confirmation of exemption and payment of fees are required, providing greater transparency and predictability for companies and market participants.
Read the full memorandum circular here: https://www.sec.gov.ph/…/sec-mc-no-11-series-of-2025/…
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