SEC seeks to issue ruling before March 26

The Securities and Exchange Commission (SEC) is now in the process of determining whether the proposed merger and acquisition deal between the Philippine Stock Exchange Inc. and the Philippine Dealing and Exchange Corp. would actually benefit the market.

On the sidelines of 11th PDS Awards Night late Thursday, SEC Commissioner Ephyro Luis Amatong told reporters that a decision on the matter is expected to come out before the March 26 deadline.