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The brokerage services
of BPI Securities Corporation are offered only where permitted,
and are not intended to, and do not, constitute a solicitation
of an offer to sell or buy Philippine securities in jurisdictions
where such is not allowed. It is the responsibility of investors
who wish to trade with BPI Securities Corporation through its web site
to observe all securities laws and regulations of their relevant jurisdiction.
The securities or services available in the website of BPI Securities Corporation
are not being offered to persons residing in the United States.
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