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SEC Unveils Proposed New Rule on Green Bonds, Sundry Amendments to Commission’s Rules

New Rule
Proposed Rule On Green Bonds

Name/Citation of the Rule: Green Bonds

Definition of Terms
“Green Bond”          A Green Bond is any type of debt instrument, the proceeds of which would be exclusively applied to finance or re-finance in part or in full new and/or existing projects that have positive environmental impact.

Sundry Amendments
A. Proposed Inclusion Of BVN as a Valid Means Of Identification Of Individual Clients In The Capital Market

Sundry Amendments For Re-Exposure
A. Proposed Rules On Investment Advisory Services

B. Proposed Amendments To Rules 96 & 97– Investment Advisers

C. Proposed Amendment To Rule 61-Nominee Accounts

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