PD 1653 Preamble

Preamble

WHEREAS, in order to achieve the government's policy and objectives envisioned under Presidential Decree No. 902-A and to effectively implement and carry out the provisions of the said Decree and other laws which it enforces, it is necessary and desirable to invest the Securities and Exchange Commission with some additional powers; WHEREAS, in the enforcement of the laws and policies for the orderly functioning of corporations and partnerships specially, the Securities and Exchange Commission has been almost impotent to assert any authority because of ambiguity in existing laws; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution, do hereby order and decree:

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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

CitationPD 1653 Preamble (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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