About this document
Makati Stock Exchange vs. SEC Decision by Selene Nga is a document available to read on EtoBox.
This document is a summary of a Supreme Court decision regarding a dispute between the Makati Stock Exchange and the Securities and Exchange Commission over a rule prohibiting securities already listed on the Manila Stock Exchange from being listed on other exchanges. The Court found that the SEC did not have the authority to impose such a rule and that it would effectively create a monopoly for the Manila Stock Exchange. The Court also questioned whether the rule was truly necessary for investor protection
- Author
- Selene Nga
- Language
- EN