WHAT IS OPTION TRADING?

Options are contracts that give the buyer the right, but not the obligation, to buy or sell an underlying security at a predetermined price on or before a predetermined date.
Stock options granted to directors and officers must be approved in a meeting of the stockholders representing at least two-thirds (2/3) of the outstanding voting and non-voting capital stock.
No corporation shall grant or offer any Option to the public unless it is registered in accordance with Sections 8 and 12 of the Securities Regulations Code and its Implementing Rules and Regulations.

HOW CAN MONEY LAUNDERING BE PREVENTED?

Enhanced Due Diligence refers to the enhanced level of scrutiny intended to provide a more comprehensive understanding of the risks associated with the client, as well as confirmation of factual information provided by the client, to mitigate risks presented.
Enhanced Due Diligence shall be applied to customers that are assessed by the covered institution as high risk for money laundering and terrorist financing.

Covered transaction is a transaction in cash or equivalent monetary instrument that involves a total amount in excess of Php500,000 within a single banking day.
Covered transaction reports and suspicious transaction reports shall be submitted in a secured manner to the AMLC in electronic form.

Picketing consists in walking or patrolling in the vicinity of a place of business involved in a labor dispute to inform the public about an ongoing dispute.
Picketing strikers cannot prevent employees of other companies from using the same premises being picketed.
A picket, although peaceful and moving, may constitute illegal obstruction if it effectively blocks the entry and exit points of the company premises, thus violating the law and making the strike illegal.