SEC Certified Investment Solicitor (CIS) Practice Questions - SEC Phase 2-7A Certified Investment Solicitor (CIS) Exam - Philippines Exam

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Under current regulations of the Philippine Securities and Exchange Commission (SEC), what is the minimum paid-up capital required to incorporate a new investment company (mutual fund)?

PHP 10 million PHP 20 million PHP 50 million PHP 100 million

Correct Answer:

PHP 50 million

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