Transferring the Administrative Supervision of the SEC from DOF to DTI

May 14, 2009

EXECUTIVE ORDER NO. 800

AN ORDER TRANSFERRING THE ADMINISTRATIVE SUPERVISION OF THE SECURITIES AND EXCHANGE COMMISSION FROM THE DEPARTMENT OF FINANCE TO THE DEPARTMENT OF TRADE AND INDUSTRY

WHEREAS, Executive Order No. 192, dated 07 January 2000, transferred the Securities and Exchange Commission (SEC) under the administrative supervision of the Department of Finance; aDcEIH

WHEREAS, the Department of Trade and Industry is the primary coordinative, promotive, facilitative, and regularity arm of the Executive Branch of government in the area of trade, industry and investment;

WHEREAS, in order to facilitate coordination of policies and programs in the field of trade, industry and investment, it is necessary and practical to transfer the administrative supervision over the Securities and Exchange Commission from the Department of Finance to the Department of Trade and Industry;

WHEREAS, the President of the Philippines has the continuing power to reorganize the National Government as provided by EO No. 292, otherwise known as the Administrative Code of 1987;

NOW THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby order: DHSCTI

SECTION 1. The Securities and Exchange Commission is hereby placed under the administrative supervision of the Department of Trade and Industry.

SECTION 2. This Executive Order shall take effect immediately.

DONE in the City of Manila, this 14th day of May, in the year of Our Lord, Two Thousand and Nine.