The Philippine Securities and Exchange Commission has issued a regulatory framework for the registration and trading of structured warrants, following its earlier consultation on introducing the investment derivative to the Philippine capital market. The rules are intended to expand the range of investible securities and support liquidity, portfolio diversification and risk management while protecting investors and market integrity. The requirements supplement the Securities Regulation Code and other applicable laws, as well as relevant broker-dealer, exchange and self-regulatory organization rules that do not conflict with the commission’s framework. The rules must also be read alongside applicable listing exchange requirements and any subsequent amendments or updates issued by the commission.

Original source