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Questions and Answers
What is the main goal of Republic Act 8799, The Securities Regulation Code?
What is the main goal of Republic Act 8799, The Securities Regulation Code?
- To limit investor participation in enterprises
- To promote insider trading and manipulative practices
- To encourage monopoly in enterprises
- To establish a socially conscious, self-regulating free market (correct)
What does the Securities Regulation Code seek to minimize or eliminate?
What does the Securities Regulation Code seek to minimize or eliminate?
- Free market distortions
- Insider trading and other fraudulent practices (correct)
- Investor participation in enterprises
- Capital market development
What does the State aim to achieve through the Securities Regulation Code?
What does the State aim to achieve through the Securities Regulation Code?
- Encourage fraudulent practices in the capital market
- Promote monopolistic control of enterprises
- Limit ownership participation in enterprises
- Enhance the democratization of wealth and protect investors (correct)
What is the Securities Regulation Code's stance on full and fair disclosure about securities?
What is the Securities Regulation Code's stance on full and fair disclosure about securities?
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What kind of market does the Securities Regulation Code aim to achieve?
What kind of market does the Securities Regulation Code aim to achieve?
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