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Atty. Alejandro F. De Santos

SEC Opinion • Securities and Exchange Commission • Opinions • Oct 15, 1981

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October 15, 1981 Atty. Alejandro F. De Santos De Santos, Balgos & Perez Law Offices 5th Floor, Corinthian Plaza Paseo de Roxas, Makati Metro Manila Sir : With reference to your letter of September 10, 1981, please be advised that SEC Case No. 2145 had been filed with the Securities Investigation and Clearing Department of this Commission on September 30, 1981, raising a similar issue posed in your query. As a matter of policy, this Commission refrains from rendering its opinion on matters raised in an action pending before it to afford the parties an opportunity to prove their respective cases. Very truly yours, (SGD.) CORAZON I. MORANDO Officer-in-Charge Corporate and Legal Department

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