The Securities and Exchange Commission (SEC) is supportive of a move in Congress to lower taxes on stock transactions to boost and improve the competitiveness of the Philippine capital market. Albay 2nd District Representative Jose Ma. Clemente Salceda has filed House Bill No. 8958, or the...
The Securities and Exchange Commission (SEC) has released new guidelines on the issuance of blue bonds, which will allow the use of the capital markets as one of the avenues for promoting sustainability in the corporate sector. The SEC on Sept. 21 issued Memorandum Circular No. 15, Series of...
The Securities and Exchange Commission (SEC) is warning the public against six more entities due to their unauthorized solicitation of investments without the necessary license from the SEC. In several advisories, the SEC identified these investment schemes as those of Wealth Wise International,...
The Securities and Exchange Commission (SEC) is collaborating with international organizations to beef up its enforcement capabilities in pursuit of its mandate to protect the public from securities fraud and other forms of investment scams. SEC Philippines, in partnership with the US SEC and...
The Securities and Exchange Commission (SEC) is warning the public against two more firms that are not authorized to solicit investments as they do not have the necessary license. In separate advisories, the SEC named that two firms as Dermacare-Beyond Skin Care Solutions, Beyond Skincare...
The Securities and Exchange Commission (SEC) has given crowdfunding portals the authority to act as registrars of qualified institutional and individual buyers, as it ramps up efforts to boost the capital market. The Commission has issued SEC Memorandum Circular No. 12, Series of 2023, providing...
The Securities and Exchange Commission (SEC) has advised the public against dealing with Sprhy Gold Investment or Sprhy Cash Paluwagan and Secret for Elimination of Rampan Poverty Worldwide (SERP Worldwide) due to their unauthorized solicitation of investments without the necessary license from the...
The Securities and Exchange Commission (SEC) is set to raise basic penalties on the late and non-filing of reports by as high as 1,900 percent to compel corporations to comply with their reportorial requirements on time. The SEC will release a new scale of fines and penalties for the late and...
The Securities and Exchange Commission (SEC) has successfully pursued the conviction of six individuals involved in an investment scam operated by GDM Finance SARL, marking the 22nd conviction for violations of the country’s securities law. In a joint decision dated April 17 but transmitted...
The Securities and Exchange Commission (SEC) is drafting new guidelines to ensure consistency and uniformity in the reports by publicly listed companies (PLCs) on their sustainability measures. In a statement, the SEC said it will soon release a Memorandum Circular on the Revised Guidelines...
The Securities and Exchange Commission (SEC) is seeking to adopt regional best practices to improve the regulatory environment for short selling at the Philippine Stock Exchange (PSE) with the aim of boosting trading activity. Short selling is the practice of betting on the decline of a...
The Securities and Exchange Commission (SEC) has advised the public against dealing with a scheme using President Ferdinand "Bongbong" R. Marcos Jr.'s initials or "BBM" with his photo to solicit investments without the necessary license. In an advisory, the SEC warned the public against Bagong...
