ramon ampil

Ramon ampil

Stock market transactions affect the general public and the national economy. The rise and fall of stock ramon ampil indices reflect to a considerable degree the state of the economy. Trends in stock prices tend to herald changes in business conditions, ramon ampil.

Try landscape mode in iPad or tablet. Title Ampil vs. Case A. Decision Date Feb 4, A complaint against Atty.

Ramon ampil

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See also Philippine Stock Exchange, Inc. At that time, there was no violation of the RSA yet.

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Ramon ampil

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Specifically, the main objective of the law on margins is explained in this wise:. It castigated petitioner for allowing respondent to keep on trading despite the latter's failure to pay his outstanding obligations. The court a quo held that petitioner was estopped from raising the question, because it had actively and voluntarily participated in the assailed proceedings. Moreover, we uphold the SEC in its Opinion, thus: "As to the issue of jurisdiction, it is settled that a party cannot invoke the jurisdiction of a court to secure affirmative relief against his opponent and after obtaining or failing to obtain such relief, repudiate or question that same jurisdiction. Ratio: The Court dismissed the case against Atty. Main Issue: Applicability of the Pari Delicto Principle In the present controversy, the following pertinent facts are undisputed: 1 on April 8, , respondent opened a cash account with petitioner for his transactions in securities; 10 2 respondent's purchases were consistently unpaid from April 10 to 30, ; 11 3 respondent failed to pay in full, or even just his deficiency, 12 for the transactions on April 10 and 11, ; 13 4 despite respondent's failure to cover his initial deficiency, petitioner subsequently purchased and sold securities for respondent's account on April 25 and 29; 14 5 petitioner did not cancel or liquidate a substantial amount of respondent's stock transactions until May 6, In the present case, respondent cannot escape payment of stocks validly traded by petitioner on his behalf. Complaint based on the actions of Atty. It is not right for a party who has affirmed and invoked the jurisdiction of a court in a particular matter to secure an affirmative relief, to afterwards deny that same jurisdiction to escape a penalty. The Court's Ruling The Petition is partly meritorious. Clearly, he is not an unsophisticated, small investor merely prodded by petitioner to speculate on the market with the possibility of large profits with low - - or no - - capital outlay, as he pictures himself to be. Facts: Complaint filed by Ramon U. C, which mandates that if you do not pay for the first] order, you cannot subsequently make any further order without depositing the cash price in full. The Facts The factual antecedents were summarized by the trial court and reproduced by the CA in its assailed Decision in this wise: "Evidence adduced by the [petitioner] has established the fact that [petitioner] is engaged in business as a broker and dealer of securities of listed companies at the Philippine Stock Exchange Center. Endnotes : 1 Rollo, pp.

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Lee and Ma. Margin Requirements. These transactions were valid and the obligations incurred by respondent concerning his stock purchases on these dates subsist. It castigated petitioner for allowing respondent to keep on trading despite the latter's failure to pay his outstanding obligations. Compliance with the terms of the AOF necessarily means compliance with the laws. We are not prepared to accept his self-serving assertions of being an "innocent victim" in all the transactions. Thus, to determine whether the parties fulfilled their obligations in the AOF, this Court had to pass upon their compliance with the RSA and its Rules. A right may not be exercised; it may even be waived. To be sure, the RSA and its Rules are to be read into the Agreement entered into between petitioner and respondent. It was not until that Commonwealth Act No.

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