Module 3
Cards (54)
- financial institution that does not have a full banking license
- financial institution that cannot accept deposits from the public
- PRESIDENTIAL DECREE No. 129 February 15, 1973
- WHAT IS THE NAME OF INVESTMENT HOUSE LAW?
- Sec.2. Any enterprise which engages in the underwriting of securities of other corporations shall be considered an "_____" and shall be subject to the provisions of this Decree and of other pertinent laws.
- act or process of guaranteeing the distribution and sale of securities of any kind issued by another corporation
- written evidences of ownership, interest, or participation, in an enterprise, or written evidences of indebtedness of a person or enterprise
- shall be twenty million (P20,000,000) pesos.
- R.A. 2629
- means any issuer which is or holds itself out as being engaged primarily, or proposes to engage primarily, in the business of investing, reinvesting, or trading in securities
- investment company which is offering for sale or has outstanding any redeemable security of which it is the issuer.
- MUTUAL FUNDS
- investment company other than an open-end company.
- CONTINUOUS BUYING AND SELLING OF SECURITIES
- THIS CO. ISSUED FIXED AMOUNT OF SECURITIES
- a board, whether elected or appointed, which is distinct OR SEPARATE from the board of directors or board of trustees,
- a company which is an affiliated person (DIRECTLY OR INDIRECTLY)
- any person directly or indirectly owning, controlling or holding with power to vote, ten per centum or more of the outstanding voting securities of such other person
- a banking institution organized under the laws of the Philippines,
- any person engaged in the business of effecting transactions in securities for the account of others, but does not include a bank or any person solely by reason of the fact that such person is an underwriter for one or more investment companies.
- means the Securities and Exchange Commission.
- a corporation, a registered partnership, or an association lawfully transacting business in the Philippines.
- the power to exercise a controlling influence over the management or policies of a company, unless such power is solely the result of an official position with such company.
- HOW MANY PERCENT OF VOTING SEC. OF A COMPANY SHALL BE PRESUMED TO CONTROL SUCH COMPANY?
- INCLUDES VERDICT JUDGEMENT OR PLEA OF GUILTY
- any person regularly engaged in the business of buying and selling securities for his own account, through a broker
- any person performing similar functions with respect to any organization.
- any organization, association, or group of persons which constitutes, maintains, or provides a market place
- any security issued or guaranteed as to principal or interest by the Republic of the Philippines, or by a person controlled or supervised by and acting as an instrumentality of the Government of the Republic of the Philippines
- a company which is organized as an insurance company, whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by?
- any person (other than a bona fide officer, director, trustee, member of an advisory board, or employee of such company as such) who pursuant to contract with such company regularly furnishes advice to such company with respect to the desirability of investing in, purchasing or selling securities or other property, or is empowered to determine what securities or other property shall be purchased or sold by such company
- any person engaged in the business of underwriting securities issued by other persons, but does not include an investment company, any person who acts as an underwriter in isolated transactions, but not as a part of a regular business, or any person solely by reason of the fact that such person is an underwriter for one or more investment companies
- EVERY PERSON WHO PROPOSES ANY SEC. OR HAS OUTSTANDING ANY SEC. W/C IT HAS ISSUED
- a purchase coupled with an agreement by the vendor to repurchase; "borrow" includes a sale coupled with a similar agreement
- a company fifty per centum or more of the outstanding voting securities of which are owned by such person, or by a company
- any certificate, investment contract, or other security providing for a series of periodic payments by the holders, and representing an undivided interest in certain specified securities or in a unit or fund of securities purchased wholly or partly with the proceeds of such payments
- MEANS A NATURAL ___ OR A COMPANY
- for any investment company other than a closed-end company, or of any security issued by such a company, means any underwriter who as principal purchases from such company, or pursuant to contract has the right (whether absolute or conditional) from time to time purchase from such company, any such security for distribution, or who as agent for such company sells or has the right to sell any such security to a dealer or to the public or both, but does not include a dealer who purchases from such company through a principal underwriter acting as agent for such company
- means a person who, acting alone or in concert with other persons, is initiating or directing, or has within one year initiated or directed, the organization of such company.