The PSC participates in international regulatory organizations and in
relevant international initiatives which provide important avenues for
the World to make appropriate contributions in the shaping of
international securities regulation. The PSC currently chairs the World
Capital Market Forum, which comprises key World securities market
The Private Securities Commission administers and enforces rules and
regulations under the Securities Act of 1972, the Takeover Disclosure
Law of 1976, and subsequent amendments to those laws.