TEST
Home Tags Securities and Exchange Commission

Tag: Securities and Exchange Commission

SEC warns investors of more shady schemes during crisis

The Securities and Exchange Commission (SEC) warned the public anew of more groups peddling fraudulent investments. In a statement on Wednesday, SEC noted five groups,...

Lending, financing firms told to extend loan deadline

THE Securities and Exchange Commission (SEC) is ordering lending and financing companies to extend the deadline for loan payments amid the coronavirus disease 2019 (COVID-19) pandemic.

Regulator makes it easier for companies to request extension of filing...

THE Securities and Exchange Commission (SEC) is further easing its requirements for companies that are seeking an extension of the deadline for filing of 2019 annual reports and audited financial statements.

SEC issues draft rules for firms converting to one shareholder

THE Securities and Exchange Commission (SEC) has issued a draft memorandum circular on the guidelines for converting corporations to a one person corporation (OPC) or to an ordinary stock corporation.

Regulator warns against investing in Brix Ventures

THE Securities and Exchange Commission (SEC) is warning the public against a group operating under the names Brix Gamefowl Breeding, Brix Ventures, Inc., and AB Eugenio Trading, for illegally soliciting investments.

SEC says Kapa-Community has not applied for secondary license

THE Securities and Exchange Commission (SEC) refuted claims by alleged investment scam Kapa-Community Ministry International that it has filed for a license to solicit investments from the public, noting that its incorporation papers remain suspended.

Corporate regulator cracks down on ‘unfair debt collection practices’ by financing,...

FINANCING AND LENDING companies that resort to “unfair” collection practices, including use of violence, face hefty fines or revocation of permit to operate under new rules issued by the Securities and Exchange Commission (SEC).

President names new SEC commissioner

PHILIPPINE President Rodrigo R. Duterte has transferred Agrarian Reform Undersecretary Karlo S. Bello to the Securities and Exchange Commission (SEC).

SEC issues warning against SGP Dragon Trading

THE Securities and Exchange Commission (SEC) has warned the public against investing in SGP Dragon Trading Corp., a company allegedly offering investment products that promise as much as a 2.5% interest rate per day.

SEC warns against investing in Tabale Cacao Farms

THE Securities and Exchange Commission (SEC) has advised the public against dealing with Tabale Cacao Farms and Togachat Academy Philippines, Inc. for their unauthorized solicitation of investments.

An advocate for a better, brighter Philippines

As the former chairman and managing partner of accounting giant SGV & Co., David L. Balangue’s work as an accounting and auditing veteran was...

SEC drafts rules on perpetual corporate existence

THE Securities and Exchange Commission (SEC) is seeking comments from the investing public for its proposed guidelines on the perpetual existence of corporations.

SEC issues rules for investment adviser pass

THE Securities and Exchange Commission (SEC) has issued the guidelines that will allow the free movement of investment advisers within members of the Association of Southeast Asian Nations (ASEAN) that are signatories to a framework that aims to enhance the connectivity of capital market professionals in the region.

SEC renews warning against Paysbook

THE Securities and Exchange Commission (SEC) has reiterated its warning to the public against investing in Paysbook E-Commerce System Corp., as it has no license to solicit such investments.

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 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 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.,...

SEC fines PSE over ‘misleading’ disclosure

By Arra B. Francia, Reporter THE country’s corporate regulator has penalized the Philippine Stock Exchange (PSE) over an “inaccurate, incomplete, and misleading” disclosure on broker...