Regulatory Alerts2025-09-19
SEC MC No. 12, Series of 2025 — Amendments to Rule 8.1.2 on Enhanced Shelf Registration
The Securities and Exchange Commission issued Memorandum Circular No. 12, Series of 2025, to amend Rule 8.1.2 of the 2015 Implementing Rules and Regulations of the Securities Regulation Code. The amendments establish an Enhanced Shelf Registration framework that extends the validity of shelf registration periods to a maximum of five years from the effective date of the registration statement. This regulatory change aims to provide greater flexibility and efficiency in the continuous or delayed offering of securities while maintaining adequate investor protection and disclosure standards.
Share