The Securities and Exchange Commission (SEC) has ordered Wellcons Unlimited Systems, Inc. to stop offering investment packages to the public because it does not have the necessary license from the Commission. In a statement, the SEC said the Commission En Banc directed Wellcons to immediately cease...
The Securities and Exchange Commission (SEC) has approved the planned P2.68 billion listing of LFM Properties Corporation on the stock exchange by way of introduction. In its meeting on June 28, the Commission En Banc rendered effective the registration statement of LFM Properties covering up to...
The Securities and Exchange Commission (SEC) vowed to continue advancing reforms and programs that will enable the growth of the capital market and the broader corporate sector under the new administration. “We recognize our vital role in the country’s economic growth and recovery, being the...
President Ferdinand Marcos Jr. will be inheriting from former President Rodrigo Duterte a capital market that is currently reeling from the impact of a combination of rising inflation and interest rates, and risks of a global recession and food shortage. Data from the Securities and Exchange...
The Securities and Exchange Commission (SEC) has been commended by former President Rodrigo Duterte for its contributions to uplifting the Philippine economy through innovative reforms and programs amid the pandemic. “I give due recognition to the officials and employees of the SEC for your...
Outgoing Senator Leila de Lima on Thursday, June 30 expressed her belief that the Securities Exchange Commission's revocation order against Rappler was part of the sinister plan of President Rodrigo Duterte. "The maliciously timed order to shutdown Rappler has Duterte’s vengeful imprint," de Lima...
Senator Risa Hontiveros on Wednesday, June 29 slammed the Securities and Exchange Commission’s (SEC) shutdown order against Rappler calling it a “truly deplorable” act. “It is truly deplorable that this administration continues to find new ways of threatening legitimate news organizations...
The Securities and Exchange Commission (SEC) has affirmed the revocation of the certificates of incorporation of Rappler, Inc. and Rappler Holdings Corporation (RHC) for their violation of constitutional and statutory restrictions on foreign ownership in mass media. In a statement, the SEC said...
The Securities and Exchange Commission (SEC) has joined the Association of National Numbering Agencies (ANNA) as a partner, in another push to make the Philippine capital market more accessible and transparent. ANNA confirmed the membership of the SEC as a partner during its 30th anniversary...
The Securities and Exchange Commission (SEC) has shut down Decentra, an investment scam involving cryptocurrencies, in an entrapment operation that resulted in the arrest of 19 individuals. In a joint operation last June 11, the combined forces of the SEC Enforcement and Investor Protection...
The Securities and Exchange Commission (SEC) announced that it has maintained the highest audit mark from the Commission on Audit (COA) for the fourth straight year. In a statement, the SEC said it has received an “unmodified opinion” from the COA, a testament to the Commission’s transparent...
The Securities and Exchange Commission (SEC) has added new options for its online payment system, making payment for registration and transactions fees faster and more convenient for the public. In a statement, the SEC said clients can now use their GCash payment wallets to settle registration and...
