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SEC broker-director term limits

Latest Daily Tribune news and analysis on SEC broker-director term limits.

  1. SEC chairman Francis Lim said the SEC stands by the proposal which seeks to cap the cumulative tenure of broker-directors at 10 years to strengthen governance and board representation. ‘We honestly believe that it’s the right thing to do for the market and we will stand by that decision,’ he told members of the Economic Journalists Association of the Philippines during a EJAP-SEC forum in Makati yesterday.

    SEC firm on broker-directors term limits

    ‘We’re not afraid to go to court if they want to go to court’ — SEC chairman Francis Lim, in reaction to threats that some of those affected by the proposed…

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