The bill on the Maharlika Investment Fund has now passed the approval of the House of Representatives. Issuance of securities must be conducted exclusively through the platform of the intermediary that is registered with the SEC such as Broker-dealers, Investment houses or funding portals. A funding portal involved as an intermediary is prohibited from offering investment advice or recommendations, marketing the securities displayed on the platform, compensating people who solicit investments for securities displayed or referenced on its platform or managing investor funds or securities. Read more in our articles including "Maharlika Investment Fund passes House approval" and "SEC approves rules and regulations on crowd-funding".
The bill on the Maharlika Investment Fund has now passed the approval of the House of Representatives. Issuance of securities must be conducted exclusively through the platform of the intermediary that is registered with the SEC such as Broker-dealers, Investment houses or funding portals.
A funding portal involved as an intermediary is prohibited from offering investment advice or recommendations, marketing the securities displayed on the platform, compensating people who solicit investments for securities displayed or referenced on its platform or managing investor funds or securities.
Our coverage of Maharlika Investment Fund house includes: "Maharlika Investment Fund passes House approval"; "SEC approves rules and regulations on crowd-funding"; "Court of Appeals stops refund order of NTC". Each article provides unique insights and information.