Philippine Bar review · Question

Practice question: Classes of Securities

Multiple Choice Easy

Practice question

Under Section3.1(g), who may determine other instruments to be securities in the future?
  1. The Securities and Exchange Commission
  2. Any private advertiser alone
  3. Only the printer chosen by the issuer
  4. Every neighborhood association acting independently
  5. Only a purchaser’s parent

Legal references

  • RA8799 Securities Regulation Code: https://lawphil.net/statutes/repacts/ra2000/ra_8799_2000.html Section3.1(a),(b),(e),(g).

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