Lending Investors
SEC-CFD Memorandum Circular No. 07-01 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Jul 12, 2001
Full text
July 12, 2001 SEC-CFD MEMORANDUM CIRCULAR NO. 07-01 TO : All Concerned SUBJECT : Lending Investors In order to afford protection to the public pending the issuance of the opinion by the Department of Justice on the issue of jurisdiction over the activities of lending investors, the Commission in its meeting on July 5, 2001 resolved that the registration of lending investors shall in the meantime be SUSPENDED unless they would want to qualify and follow the requirements in the registration of a financing company under R.A. 5980 otherwise known as the Financing Company Act, as amended and the pertinent SEC rules and regulations. This Memorandum Circular shall take effect immediately. Issued this 12th day of July 2001, Mandaluyong City, Philippines. FE ELOISA C. GLORIA Officer-in-Charge http://www.sec.gov.ph/archives/other circularscy2001
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