+ Follow MARKETS AND REGULATION DEPARTMENT Tag
MARKETS AND REGULATION DEPARTMENT
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 257868
[Title] => SEC drafts framework to monitor capital adequacy of brokers
[Summary] => The Securities and Exchange Commission (SEC) is developing a risk-based capital adequacy (RBCA) framework to ensure that stockbrokerage houses can meet contractual obligations and will have adequate capital to cover risks.
RBCA refers to the minimum level of capital that has to be maintained by broker-dealers, taking into consideration the firm’s size, complexity and business risk.
[DatePublished] => 2004-07-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 254632
[Title] => SEC to impose risk-based capital standards on brokers
[Summary] => The Securities and Exchange Commission (SEC) will impose risk-based capital standards on stockbrokerage houses and investments houses to ensure that they have adequate capital to cover risks and meet contractual obligations.
The SEC said the shift to the risk-based approach of supervision will allow it to develop monitoring and audit processes that will identify, assess, monitor and if necessary, appropriately direct specific market players to control specific risk areas.
[DatePublished] => 2004-06-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 234257
[Title] => SEC gives PSE brokers till Jan 15 to name their external auditors
[Summary] => The Securities and Exchange Commission has given member-brokers of the Philippine Stock Exchange (PSE) until Jan. 15 to name their external auditor which shall review their financial statements for the year 2003.
In a letter to the PSE, the SEC’s Markets and Regulation Department director Jose P. Aquino said this is in line with the policy adopted by the SEC on the accreditation of external auditors and their reporting requirements.
[DatePublished] => 2004-01-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 225930
[Title] => SEC drafts rules regulating day trading
[Summary] => The Securities and Exchange Commission (SEC) is drafting rules that will regulate day trading, or the manner by which investors buy and sell the same shares on the same day.
SEC Markets and Regulation Department director Jose P. Aquino said day trading should only be allowed if the necessary safety measures are put in place.
"We are coming out with rules on day trading to ensure the protection of the investing public," Aquino said.
[DatePublished] => 2003-10-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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