My bookmarksSign up free

RA 8799 (The Securities Regulation Code) Section 60

Civil Liability with Respect to Commodity Futures Contracts and Pre-need Plans.

Section 60

SEC. 60. Civil Liability with Respect to Commodity Futures Contracts and Pre-need Plans. — 60.1. Any person who engages in any act or transaction in willful violation of any rule or regulation promulgated by the Commission under Section 11 or 16, which the Commission denominates at the time of issuance as intended to prohibit fraud in the offer and sale of pre-need plans or to prohibit fraud, manipulation, fictitious transactions, undue speculation, or other unfair or abusive practices with respect to commodity future contracts, shall be liable to any other person sustaining damage as a result of such act or transaction. 60.2. As to each such rule or regulation so denominated, the Commission by rule shall prescribe the elements of proof required for recovery and any limitations on the amount of damages that may be imposed.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER XIII GENERAL PROVISIONS →

Other provisions in CHAPTER XIII GENERAL PROVISIONS

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

CitationRA 8799 (The Securities Regulation Code) Section 60 (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).

Continue your research