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SEC clarifies securities exemptions
Manila Bulletin
|September 15, 2025
The Securities and Exchange Commission (SEC) has issued new guidelines clarifying which securities offerings are exempt from registration, aiming to streamline the process for companies raising capital.
In a statement, the SEC said it wants to provide clearer guidance to potential capital market players by clarifying which transactions are exempt from registration under the Securities Regulation Code (SRC).
On Sept. 9, the commission released Memorandum Circular (MC) No. 11, series of 2025, which provides further guidelines on exempt transactions under Section 10 of the SRC.
Cette histoire est tirée de l'édition September 15, 2025 de Manila Bulletin.
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