Ramon ampil

Stock market transactions affect the general public and the national economy. The rise and fall of stock market 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. Moises P. Cating for alleged forum shopping, splitting of causes of action, and filing of baseless suits is dismissed by the Court due to lack of merit and supporting evidence.

Ramon ampil

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The assailed Decision disposed as follows:.

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Ramon ampil

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Under the present law, the amount of credit that may be initially extended is limited to 50 percent of the current market price of the security. Since a brokerage relationship is essentially a contract for the employment of an agent, principles of contract law also govern the broker-principal relationship. Cating for alleged forum shopping, splitting of causes of action, and filing of baseless suits. Thus, we hold that petitioner can still collect from respondent to the extent of the difference between the latter's outstanding obligation as of April 11, less the proceeds from the mandatory sell out of the shares pursuant to the RSA Rules. It castigated petitioner for allowing respondent to keep on trading despite the latter's failure to pay his outstanding obligations. Security National Bank, 68 F. Securities purchased on my behalf shall be registered in the name of ASC until full payment of the purchase price, which payment shall in no case be made later than as specifically required by ASC or three 3 days after the date of said purchase, whichever is earlier, without need of any notice or demand. The instant controversy is an ordinary civil case seeking to enforce rights arising from the Agreement AOF between petitioner and respondent. Petitioner acceded to his requests. Whether or not the Court of Appeal's ruling that petitioner and respondent are in pari delicto which allegedly bars any recovery, is in accord with law and applicable jurisprudence considering that respondent was the first one who violated the terms of the Account Opening Form, [which was the] agreement between the parties.

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It should be clear that Congress imposed the margin requirements to protect the general economy, not to give the customer a free ride at the expense of the broker. Enforcement of margin requirements and restrictions on borrowings. By failing to ensure respondent's payment of his first purchase transaction within the period prescribed by law, thereby allowing him to make subsequent purchases, petitioner effectively converted respondent's cash account into a credit account. Thus, we hold that petitioner can still collect from respondent to the extent of the difference between the latter's outstanding obligation as of April 11, less the proceeds from the mandatory sell out of the shares pursuant to the RSA Rules. Outline Paragraph. Second Issue: Jurisdiction It is axiomatic that the allegations in the complaint, not the defenses set up in the answer or in the motion to dismiss determine which court has jurisdiction over an action. The basic regulatory structure of those two U. A margin account is covered by a margin agreement which stipulates the terms and conditions for maintaining such an account. It was not until that Commonwealth Act No. Labitoria Division chairperson and Danilo B. It has since been superseded by Republic Act No.