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...
SEC reaps awards as champion of good governance By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) continues to reap global recognition as an advocate of good governance and transparency in the Philippine corporate sector. Cambridge International Financial Advisory (Cambridge IFA)...
The Securities and Exchange Commission (SEC) has approved the planned initial public offerings (IPO) of VistaREIT, Inc. of up to P9.18 billion and of Raslag Corporation worth up to P700 million. The Commission En Banc has resolved to render effective the registration statements of VistaREIT and...
The Securities and Exchange Commission (SEC) now has the power to speed up the resolution of numerous pending cases pertaining to companies with foreign ownership after the amendment of three laws. These amended laws are the Foreign Investments Act (FIA), the Public Service Act (PSA), and the...
The Securities and Exchange Commission (SEC) has ordered three online firms to stop their unauthorized lending activities and their use of abusive collection practices. In an order issued April 26, the Commission En Banc directed Golden Cash, Help Cash, and Grace Cash to immediately cease and...
