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Guidance sought on power firms' mandated IPO
The Energy Regulatory Commission (ERC) is seeking guidance from the Securities and Exchange Commission (SEC) on the appropriate modality in the mandated initial public offering (IPO) of power generation companies (GenCos). “We are in consultation with SEC for us to be able to come up with a more...
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Scammers sued by SEC fined P2 million
A Quezon City regional trial court has fined three persons a total of P2 million after being sued by the Securities and Exchange Commission (SEC) for illegally soliciting investments from the public.  In a decision dated 27 November 2020, the Quezon City Regional Trial Court Branch 90 found...
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