Transfer of SEC to Department of Fice

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Title Supreme Court: Transfer of SEC to Department of Fice

Law: Executive Order No. 192

Decision Date: Jan 7, 2000

Executive Order No. 192 transfers the Securities and Exchange Commission (SEC) from the Office of the President to the Department of Finance (DOF), giving the DOF administrative supervision over the SEC and the authority to formulate policies for the capital market, while any unconstitutional provisions of the order will not nullify the remaining portions and all inconsistent executive rules and regulations are revoked or modified.

administrative supervision

capital market

unconstitutional provisions

END