SEC Drafts Market-Making Rules to Boost Liquidity

SEC drafts market-making rules to boost liquidity

MANILA, Philippines – The Securities and Exchange Commission (SEC) has drafted rules to establish a formal regulatory framework for market making, part of its broader efforts to deepen the capital market and align local practices with international standards. The SEC issued the proposed SEC Rules on Market Making for public comment until July 7. READ:

SEC unveils proposed market-making framework to boost liquidity

The Securities and Exchange Commission (SEC) is drafting a regulatory framework for market making in listed securities as part of its ongoing efforts to revitalize the capital market and align local market practices with international standards.In a statement on Monday, June 22, the SEC said the framework is being drafted in coordination with the Philippine Stock Exchange (PSE) and Philippine Dealing & Exchange Corp. (PDEx).Market making is a gl…