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Duterte appoints new SEC chairman

PRESIDENT Rodrigo R. Duterte has appointed Emilio B. Aquino as the new chairman of the Securities and Exchange Commission (SEC), replacing Teresita J. Herbosa whose seven-year term expired on March 15, the corporate regulator said in a statement on Wednesday.

SEC: No decision yet on Calata petition to overturn PSE delisting

THE Securities and Exchange Commission (SEC) is set to come out with a decision on the petition of embattled agribusiness firm Calata Corp. to overturn the order of the Philippine Stock Exchange (PSE) to delist the company.

Five metrics to watch as Italy turmoil sweeps global markets

As populist parties in Rome mobilize for an early election, Italian assets are once again being scrutinized for stresses that undermine the euro project. The...

Global Ferronickel delays share sale due to SEC review

GLOBAL Ferronickel Holdings, Inc. is delaying its planned P1-billion follow-on share sale to give the Securities and Exchange Commission (SEC) more time to review...

SEC approves Del Monte PHL IPO

By Arra B. Francia, Reporter CANNED FRUIT manufacturer Del Monte Philippines, Inc. (DMPI) has secured approval from the Securities and Exchange Commission (SEC) for its...

SEC warns against online firms offering ‘paid-to-click’ programs

THE Securities and Exchange Commission (SEC) has warned the public to be cautious when dealing with online-based advertising companies offering “paid-to-click” programs, saying these...

SEC warns against online investment scams with paid-to-click schemes

The Securities and Exchange Commission (SEC) has advised the public against investment scams with paid-to-click (PTC) programs, noting that some may be Ponzi schemes...

SEC warns public against investing in Organico

THE SECURITIES and Exchange Commission (SEC) has advised the public against investing in Organico Agribusiness Ventures Corp. due to its illegal investment activities. In an...

Listed companies ordered to secure shareholders’ approval on changes in external...

The Securities and Exchange Commission (SEC) has issued a memorandum circular that orders all publicly-listed companies (PLCs) to secure shareholders' approval on the appointment...

SEC warns vs online Ponzi schemes

THE Securities and Exchange Commission (SEC) has warned the public against so-called online “paluwagan” schemes that collect money from investors with the promise of...

SEC issues advisory against 30 online Ponzi schemes

The Securities and Exchange Commission (SEC) has warned the public against so-called online paluwagan schemes that collect money from investors with the promise of...

SEC accepts Cebu hospital’s P11-M settlement offer

By Arra B. Francia, Reporter THE Securities and Exchange Commission (SEC) has agreed to an P11.48-million settlement with Allied Care Experts (ACE) Medical Center-Cebu, Inc.,...

Palace names new SEC Commissioner

MALACAÑANG on Monday said it has appointed Javey Paul D. Francisco as commissioner of the Securities and Exchange Commission (SEC). Mr. Francisco, who has...

SEC approves DoubleDragon’s P7.5-billion share offer

DoubleDragon Properties Corp. has received approval from the Securities and Exchange Commission (SEC) for its primary offer of up to 135 million common shares...

SEC flags 14 cryptocurrency investment companies

THE Securities and Exchange Commission (SEC) warned the investing public against 14 online investment scams, including entities riding on the growing popularity of Bitcoin...

SEC issues warning against 14 online cryptocurrency scams

The Securities and Exchange Commission (SEC) warned the investing public against 14 investment scams found online, including entities riding on the growing popularity of...

Alliance Select gets SEC green light on equity restructuring

Alliance Select Foods International, Inc. (FOOD) secured the green light from the Securities and Exchange Commission to undergo an equity restructuring that would wipe...

SEC approves San Miguel Pure Food’s name change

San Miguel Pure Foods Company, Inc. (SMPF) said it has secured the Securities and Exchange Commission (SEC)’s approval to amend its name and primary...

BPI secures PSE approval to conduct stock rights offering in April

Bank of the Philippine Islands (BPI) said it obtained the approval of the Philippine Stock Exchange (PSE) to conduct a stock rights offering (SRO)...

SEC warns vs investing in Onecash, PBB150

THE Securities and Exchange Commission (SEC) has advised the public against investing in Onecash Trading and PBB150 Trading, saying the two firms are not...

SEC denies businessman Calata’s motion for Krops ICO

The Securities and Exchange Commission (SEC) has denied the motion of businessman Joseph H. Calata’s group to lift the cease and desist order (CDO)...

Market volatility can’t absorb MPO increase — SEC chief

The Securities and Exchange Commission (SEC) plans to raise the minimum public ownership (MPO) of publicly listed companies by the end of 2018, but...

SEC to grant exemptive relief to winning bidder for PDS

By Arra B. Francia, Reporter THE Securities and Exchange Commission (SEC) said on Friday it will only grant exemptive relief once it is clear if...

Rappler may file new incorporation papers — SEC

ONLINE news site Rappler.com may reorganize and file new incorporation papers with the Securities and Exchange Commission (SEC) anytime, as long as the company...

Corporate regulator loses a commissioner

SECURITIES and Exchange Commission (SEC) Commissioner Blas James G. Viterbo has resigned for health reasons, the SEC spokesperson said on Friday, cutting his seven-year...

Calata says SEC has no jurisdiction over ICO

DESPITE a cease-and-desist order (CDO) issued by the Securities and Exchange Commission (SEC) on his company’s initial coin offering (ICO), businessman Joseph H. Calata...

SEC prepares guidelines on initial coin offerings

By Arra B. Francia, Reporter THE Securities and Exchange Commission (SEC) will be releasing within the year guidelines for companies seeking to conduct initial coin...

Aguirre directs NBI to probe Rappler

JUSTICE SECRETARY Vitaliano N. Aguirre II on Wednesday directed the National Bureau of Investigation (NBI) to probe possible violations by online news site Rappler...

A combination of benefits

Investing in mutual fund has long been recognized as one of the best ways to make one’s money grow. Indeed, according to the Philippine...

DoubleDragon files for new share offering

DOUBLEDRAGON Properties Corp. has lodged with the Securities and Exchange Commission (SEC) its application for a P7.5-billion follow-on offering that would help finance its...

Alliance Select gets shareholder OK for equity restructuring

ALLIANCE Select Foods International, Inc. secured the go signal from shareholders to undergo an equity restructuring program in line with its turnaround strategy. In a...

SEC approves JG Summit’s new infrastructure unit

THE Gokongwei group has established a new company that would handle its investments in infrastructure. In a disclosure to the stock exchange, JG Summit Holdings,...

SEC probe into alleged P2.6-billion unauthorized trading begins next week

THE Securities and Exchange Commission (SEC) has formally launched a probe into an alleged P2.6-billion unauthorized trading by brokerage DW Capital, Inc. (DWCI), with...