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                    [ArticleID] => 388356
                    [Title] => SEC approves PSE request on independent director rule
                    [Summary] => 




The Securities and Exchange Commission (SEC)  has approved the request of the Philippine Stock Exchange (PSE)  lifting the prohibition on anyone who has been employed in any executive capacity by any listed company within the last two years, from sitting as an independent director in the bourse.


The PSE said such ground for the disqualification of independent directors is inconsistent with the Securities Regulation Code and its implementing rules.


                    [DatePublished] => 2007-03-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

SEC approves PSE request on independent director rule

By Zinnia B. Dela Peña | March 8, 2007 - 12:00am

The Securities and Exchange Commission (SEC) has approved the request of the Philippine Stock Exchange (PSE) lifting the prohibition on anyone who has been employed in any executive capacity by any listed...

Business