Continuing Authorization for SEC's Duly Designated Representatives to Verify Bank Accounts
SEC-BED Memorandum Circular No. 08-89 • Securities and Exchange Commission Departments • Markets and Securities Regulation Department (MSRD) • Jul 14, 1989
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July 14, 1989 SEC-BED * MEMORANDUM CIRCULAR NO. 08-89 TO : All Issuers of Pre-need Plans Stock Brokers / Dealers Commodity Futures Brokers/Merchants Registered Issuers of Securities For expediency and in order to facilitate matters, all concerned are hereby mandated: 1. To submit on or before 31 July 1989 a continuing authorization for SEC's duly designated representative/s to verify the bank account/s of all concerned. Accordingly, the authorization shall be for all banks wherein accounts are maintained and should be co-terminus with the license given by the Commission. (SGD.) ROSARIO N. LOPEZ Chairman
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