Securities Regulation Code Quiz
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Questions and Answers

What is the main goal of Republic Act 8799, The Securities Regulation Code?

  • To promote the development of monopolistic enterprises
  • To establish a socially conscious, self-regulating free market (correct)
  • To regulate and restrict the capital market
  • To encourage limited participation of ownership in enterprises
  • What is one of the specific aims of the Securities Regulation Code?

  • Ignore the issue of insider trading
  • Promote fraudulent and manipulative devices in the market
  • Encourage insider trading for market efficiency
  • Minimize if not totally eliminate insider trading (correct)
  • What does the Securities Regulation Code seek to achieve?

  • Concentration of wealth in a few hands
  • Democratization of wealth (correct)
  • Exclusion of small investors from the market
  • Promotion of unequal distribution of wealth
  • What kind of market does the State aim to establish through the Securities Regulation Code?

    <p>A socially conscious, free market that regulates itself</p> Signup and view all the answers

    What does the Securities Regulation Code seek to protect?

    <p>Investors</p> Signup and view all the answers

    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.

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    Description

    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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