Definition of Qualified Buyers under SRC

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SEC MEMORANDUM CIRCULAR NO. 6, S. OF 2007: Definition of Qualified Buyers under SRC

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Title Source: Supreme Court: Definition of Qualified Buyers under SRC

Law: Sec Memorandum Circular No. 6, S. Of 2007

Decision Date: Dec 10, 2007

The Securities and Exchange Commission establishes criteria for "qualified buyers," defining individual and institutional qualifications based on income, net worth, and trading experience, effective January 15, 2008.

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