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PD 282 Section 1

Section 1

SECTION 1. Any provision of law or decree to the contrary notwithstanding, any and all brokers of an operating stock exchange are hereby authorized to transact and/or execute orders through members of any other operating stock exchanges when necessary in the interest of customers, pursuant to such terms and conditions as may be mutually agreed upon between the executing brokers: Provided, That the customer shall not pay more than the authorized commission, and an appropriate report on the matter is submitted to the Securities and Exchange Commission.

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Other provisions in PD 282

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 282 Section 1 (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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