QAU Memo 2015-01 Amendment on the Guidelines and Procedures on the Use of Corporate and Partnership Names
The Securities and Exchange Commission (SEC) in its Memorandum Circular No. 5, series of 2015 amended paragraph 11 of Memorandum Circular No. 21, series of 2013 Omnibus Guidelines and Procedures on the Use of Corporate and Partnership Names. Previously, the word “Investment(s)” or “Capital” may be used by entities organized as Investment House, Investment Company or Holding Company. But based on the current ruling, the word “Investment(s)” can no longer be used by entities organized as Holding Company. No change is made for those entities allowed to use the word “Capital” in their corporate or partnership names.
This amendment shall take effect immediately.
Please see attached SEC Memorandum Circular No. 5, series of 2015.
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