PDEx RULESFixed Income Securities Market RulesRepurchase Agreement Program RulesSecurities Lending Transaction Program RulesRevised MCDC Internal RulesRule Proposals for Comments
Subject to the Securities and Exchange Commission (SEC) approval and pursuant to the procedures set forth in the SRC Rules, PDEX’s power to adopt and amend rules also includes the power to repeal existing rules, implement such rules and provide interpretative guidance to aid in compliance.
The proposal shall be disseminated for comment simultaneous with submission of the same to the SEC for information.
|Posting Date||Rule Proposals for Comment|
For any comments, please send, within a non-extendible period of twenty (20) days from date of posting, to:
THE MARKET GOVERNANCE BOARD
37/F Enterprise Center, Tower 1, Ayala Avenue
cor. Paseo de Roxas, Makati City
The following proposals have been disseminated for comments. Upon consideration of the comments received, revisions, if any, have been incorporated, and the revised and/or final draft has been submitted to the Securities and Exchange Commission (SEC) for its approval.
PDEx Rules are to be applied/implemented and/or interpreted, if necessary, in accordance with their spirit, intention, and purpose; by looking beyond form to substance; and in a way that best promotes the principles of fair practice and honest dealings.
Pursuant to PDEx Rule 16.9, interpretations of the existing rules may be presented to the Market Governance Board by any unit of PDEx, without dissemination for comment. However, the Market Governance Board, before approving the same for adoption shall ensure that an adequate internal process is conducted that allows relevant feedback from all affected units of PDEx.