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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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