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Philippine Bar review · Question

Practice question: Exempt Securities and Exempt Transactions

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Practice question

Under MC15 s2026, explain why meeting one natural-person financial threshold does not alone complete the qualified-individual-buyer requirements. Identify the financial alternatives, registration and experience requirements stated in Rule10.1.5.1.

Legal references

  • SEC MC15 s2026, signed May13 2026, published May15 2026, amending SRC Rule10.1.5: https://www.sec.gov.ph/mc-2026/sec-mc-no-15-series-of-2026/ ; reproduced primary circular text: https://regalert.today/document/sec-mc-no-15-series-of-2026-further-amendments-to-rule-10-1-5-on-qualified-buyer-4cf3433b-b29f-4d35-90b6-eb3b0b48e5c8 Rule10.1.5.1–.1.2.

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