AN ACT AMENDING REPUBLIC ACT NO. 8799 (R.A. 8799), OTHERWISE KNOWN AS THE SECURITIES REGULATION CODE

RESOLUTION DIRECTING THE SENATE COMMITTEE ON BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES, TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE STATUS OF ENFORCEMENT AND THE COMPLIANCE OF THE PHILIPPINE CAPITAL MARKET IN RELATION TO INTERNATIONAL BEST PRACTICES IN CAPITAL MARKET REFORM AND SECURITIES REGULATION WITH THE END IN VIEW OF PROTECTING INVESTORS IN THE PHILIPPINE CAPITAL MARKET, AND FOR OTHER PURPOSES

RESOLUTION DIRECTING THE SENATE COMMITTEE ON BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES TO CONDUCT AN INQUIRY IN AID OF LEGISLATION INTO THE IMPLEMENTATION OF REPUBLIC ACT NO. 8799 WHICH AS RESULTED IN UNDUE DELEGATION, MONOPOLY AND RESTRAINT OF TRADE AND VIOLATION OF OTHER RELATED LAWS SUCH AS THE GENERAL BANKING LAW AND THE SECRECY OF BANKS DEPOSITS ACT WITH THE END IN VIEW OF ENACTING LEGISLATIVE MEASURES TO ADDRESS THE SAME AND PROTECT NATIONAL AND FINANCIAL SECURITY, AND THE INVESTING PUBLIC