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SEC widens shelf period
Manila Bulletin
|September 24, 2025
The Securities and Exchange Commission (SEC) is giving companies more flexibility in offering securities, particularly in the timing of issuances, as market conditions can be volatile.
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In line with this, the commission said it has expanded the validity of shelf registration offerings and simplified the process for such transactions as it looks to provide companies more flexibility and efficiency in their capital-raising efforts.
Under SEC Memorandum Circular (MC) No. 12, series of 2025, amendments were made to the Delayed and Continuous Offering and Sale of Securities provision under Rule 8.1.2 of the 2015 implementing rules and regulations (IRR) of the Securities Regulation Code (SRC).
Diese Geschichte stammt aus der September 24, 2025-Ausgabe von Manila Bulletin.
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