THE Securities and Exchange Commission (SEC) told the public to refrain from engaging with online pages that appropriate its official logo on social media for exploitative reasons.
In an advisory issued on Thursday, the corporate regulator noted that there are individuals and groups who use its official logo on social media platforms, such as Facebook, without its prior permission.
“[T]he public is hereby advised to exercise caution in dealing with any individual or group of persons who use the official SEC Logo in its social media accounts,” the advisory read.
It also told them to disengage from any activities or services being offered by those entities.
The regulator warned that those who will be found illegally using its logo for business or personal gains will be “severely dealt with by law and may incur criminal liability or otherwise sanctioned or penalized accordingly.”
It stressed that the National Historical Commission of the Philippines-registered logo is a property of the agency.
The SEC advised the public to only transact or communicate concerns on matters related to the agency at its website or personally through its offices across the country.
Further, it told them to report any social media pages using its official logo. — Adam J. Ang