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) 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) 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...
Corporations and associations whose registrations have been suspended or revoked are being given a new lease on corporate life by the Securities and Exchange Commission (SEC) which has offered an amnesty program until Sept. 30. While registration with the SEC marks the first step toward...
The Securities and Exchange Commission (SEC) reminded stock market investors of the shorter settlement cycle for securities trades starting today, Aug. 24, for more efficient transactions and spur activity in the Philippine capital market. Last Aug. 11, the Commission issued Memorandum Circular No....
The Securities and Exchange Commission (SEC) is urging all delinquent corporations and associations that have been penalized for the late or non-filing of their annual reports to avail of the amnesty program before higher penalties kick in starting Oct. 1. The amnesty, which comes in the form of a...
Emilio Aguinaldo College bested College of Saint Benilde, 70-65, for its second straight win in the Pinoyliga Collegiate Cup Season 2 Tuesday, May 2, at the Enderun Colleges Gym in Taguig City. *Adamson’s Didat Hanapi #28 and University of the Philippines’ Luis Pablo #31. (Pinoyliga Photo)* Nat...
The Securities and Exchange Commission (SEC) reported the successful start of its nationwide roadshow that seeks to bring the capital market closer and more accessible to micro, small and medium enterprises (MSMEs). In a statement, the Commission said more than a hundred officials and executives of...
The Securities and Exchange Commission (SEC) is going on a nationwide roadshow to highlight easy and accessible funding options for micro, small and medium enterprises (MSMEs) in the capital market this week. The Commission said it will kick off the SEC Roadshow on Capital Market Formation for...
Citicore Energy REIT Corp. has listed at the Philippine Dealing and Exchange Corp. (PDEx) its maiden ASEAN Green Bond offering which raised P4.5 billion for its expansion program. In a disclosure to the Philippine Stock Exchange, the firms aid the offer was oversubscribed, with the P1.5 billion...
SEC taps UP Law Center for fintech regulations By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) has teamed up with the University of the Philippines Law Center (UPLC) to improve the formulation of policies that could better address the regulation of financial technology (fintech) in...
