вторник, 19 февруари 2013 г.
Securities and Exchange Commission (Philippines)
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- See Securities and Exchange Commission (disambiguation) for other similarly named organizations in other countries
| Securities and Exchange Commission | |
|---|---|
 | |
| SEC seal | |
| Agency overview | |
| Formed | 1936 |
| Jurisdiction | Philippines |
| Headquarters | Mandaluyong City, Metro Manila,Philippines |
| Agency executive | Fe Barin, Chairwoman |
| Website | |
| www.sec.gov.ph | |
The Philippine Securities and Exchange Commission (Filipino: Komisyon sa mga Panagot at Palitan, commonly known as SEC) is a Philippine state commission responsible for securities laws and regulating the securities industry. The SEC is an agency within the Philippine Department of Finance.
The SEC is currently headquartered in Mandaluyong City in central Metro Manila.
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[edit]History
The SEC was created by Congress in 1936 as part of the Securities Act (#83). This occurred just two years after the United States Congress created the United States Securities and Exchange Commission. The first commissioner of the SEC was Ricardo Nepomuceno. The SEC was not in operation during the Japanese occupation, but was restored in 1947.
[edit]Composition
Since 1981, the SEC has five commissioners. In 2010 the commissioners were
- Fe Barin (Chairwoman, appointed 2004)
- Juanita Elegir-Cueto (appointed 2001)
- Raul Palabrica (appointed 2005)
- Manuel B. Gaite (appointed 2009)
- Eladio M. Jala (appointed 2009)[1]
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