5 Questions
What is the main goal of Republic Act 8799, The Securities Regulation Code?
To establish a socially conscious, self-regulating free market
What is one of the specific aims of the Securities Regulation Code?
Minimize if not totally eliminate insider trading
What does the Securities Regulation Code seek to achieve?
Democratization of wealth
What kind of market does the State aim to establish through the Securities Regulation Code?
A socially conscious, free market that regulates itself
What does the Securities Regulation Code seek to protect?
Investors
Study Notes
Republic Act 8799: The Securities Regulation Code
- The main goal of Republic Act 8799 is to regulate the securities industry to protect the investing public.
Objectives of the Securities Regulation Code
- One of the specific aims of the Securities Regulation Code is to promote the development of the capital market.
Overall Purpose
- The Securities Regulation Code seeks to achieve a fair, efficient, and transparent securities market.
Market Establishment
- The State aims to establish a free, open, and competitive securities market through the Securities Regulation Code.
Protection
- The Securities Regulation Code seeks to protect the investing public by promoting full disclosure, transparency, and accountability in the securities business.
Test your knowledge of Republic Act No. 8799, also known as The Securities Regulation Code, with this quiz. From the declared state policy to the definitions outlined in the legislation, challenge yourself with questions related to this landmark law in the Philippines.
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