ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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February 3, 1963
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February 23, 1936
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February 13, 1936
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February 3, 1936
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Detailed explanation-1: -The Philippines has one of the oldest stock markets in Asia tracing its roots since 1927 with the establishment of the Manila Stock Exchange.
Detailed explanation-2: -SEC was created after 1929 stock market crash To restore the country’s faith in the economy, Congress passed two significant reforms: the Securities Act of 1933 and the Securities Exchange Act of 1934. At their core, these acts provide increased structure and improved oversight to the securities market.
Detailed explanation-3: -The Philippine Stock Exchange, Inc. (PSE or Exchange) is a private non-profit and non-stock organization created to provide and maintain a fair, efficient, transparent and orderly market for the purchase and sale of securities such as stocks, warrants, bonds, options and others.