CA 83 Section 23

Transactions in unregistered securities on securities exchange prohibited.

Section 23

SEC. 23. Transactions in unregistered securities on securities exchange prohibited.—It shall be unlawful for any member, broker or dealer to effect any transaction in any security (other than an exempted security) on a securities exchange unless a registration is effective as to such security in accordance with the provisions of this Act and the rules and regulations thereunder.

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Other provisions in CHAPTER V.—Registration of Exchanges

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationCA 83 Section 23 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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