The Securities and Exchange Commission (SEC) urges non-compliant and suspended or revoked corporations to start 2024 with a clean slate by availing of the amnesty before the year ends. The commission said in a statement that corporations now have less than three weeks to avail of the SEC amnesty...
The Securities and Exchange Commission (SEC) conditionally approved the planned P708-million direct public offering of Angeles Electric Corporation, allowing the Nepomuceno family to dilute it full ownership to 82.4 percent stake. In its meeting on Dec. 7, the Commission En Banc resolved to...
The Securities and Exchange Commission (SEC) continues to gain recognition for the digitalization of its services, this time bagging the Excellence in Digital Transformation Award conferred by mobile payments service GCash. The third installment of the GCash Digital Excellence Awards seeks to...
The Securities and Exchange Commission (SEC) has been recognized by the Anti-Red Tape Authority (ARTA) for its efforts in improving the ease of doing business in the country. In a statement, the Commission said it was among the government agencies recognized by ARTA during the 2023 Ease of Doing...
The Securities and Exchange Commission (SEC) has introduced its framework for the issuance of blue bonds in front of the business community and the investing public. Blue bonds refer to a subset of green bonds and sukuk which proceeds will exclusively be used to finance or refinance new and/or...
SEC warns vs. 4 unregistered investment platforms By James A. Loyola The Securities and Exchange Commission (SEC) has advised the public against dealing with four entities due to their unauthorized solicitation of investments without the necessary license from the Commission. These firms are OctaFX...
Renewable energy firm Energy Development Corporation (EDC), a subsidiary of Lopez-led First Gen Corporation, is scheduling the second tranche of its ASEAN green bond offering with target proceeds of P10 billion that will continually bankroll the company’s projects. In a disclosure to the...
The Securities and Exchange Commission (SEC) is planning to ban unregistered foreign online stock and cryptocurrency trading platforms as it becomes stricter in their monitoring and regulation. This is according to SEC Commissioner Kelvin Lester Lee who is spearheading this move as the...
The Securities and Exchange Commission (SEC) has allowed the Philippine Stock Exchange Inc. (PSE) to negotiate its planned acquisition of additional shares in Philippine Dealing System Holdings Corporation (PDS Group) despite ownership limits. This developed as the Commission En Banc has...
The Securities and Exchange Commission (SEC) has made permanent its cease and desist order (CDO) issued against Casa Infini Builders and Realty Co. Ltd., Casa Infini Realty Management Co. Ltd., and its affiliated entities. This comes after the Commission En Banc denied the company’s motion to...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Bagong Bansang Maharlika (BBM) International Inc. for using President Ferdinand R. Marcos Jr.'s name to lure members while operating as a non-government organization (NGO) without the necessary licenses. ...
Securities and Exchange Commission (SEC) Chairperson Emilio B. Aquino has been named as the first ever Public Sector Innovator Awardee in the 2023 Mansmith Innovation Awards. In a statement, the SEC said this is in recognition of his pioneering digital transformation efforts in the government. SEC...
