(NAR) VOL. 7 NO. 1 / JANUARY-MARCH 1996
"SECTION 1. The Securities and Exchange Commission (SEC) is hereby transferred from the Office of the President to the Department of Finance (DOF) which shall henceforth exercise administrative supervision over the SEC."SECTION 2. Section 2 of Executive Order No. 202 (22 September 1994) is hereby amended to read as follows:
"SECTION 2. The relationship between the DOF and the SEC shall be governed by Subsection 1 of Section 38, Chapter 7, Book IV of the Administrative Code."SECTION 3. This Executive Order shall take effect immediately.