The Securities and Exchange Commission (SEC) has advised the public against dealing with Reveal Beauty and Wellness Digital Marketing, and Camacho Packaging Supplies OPC as they are soliciting investments without the necessary license from SEC. In an advisory, the SEC said Reveal is engaged in an...
The Securities and Exchange Commission (SEC) has been accredited by the London-based standard-setting organization Investors in People (IiP) in recognition of its high-level practices in promoting the welfare of its employees. The accreditation makes the SEC the first in the government financial...
The Securities and Exchange Commission (SEC) is warning the investing public against dealing with America Mall-PH and Robinson Company due to their unauthorized solicitation of investments without the necessary license. The SEC issued advisories against the two firms that are enticing the public to...
Finance Secretary Ralph G. Recto has cited the Securities and Exchange Commission (SEC) for heeding the administration’s call for digitalization and urged public leaders to follow suit to improve the ease of doing business and ensure prompt delivery of services. In a speech delivered on his...
The Securities and Exchange Commission (SEC) announced the deadlines for the submission of the annual financial statements (AFS) and general information sheets (GIS) of corporations this year. The Commission recently issued SEC Memorandum Circular No. 2, Series of 2024, which provides the 2024...
The Philippine Stock Exchange (PSE) has approved the follow-on offering and listing of high-end real estate developer Century Properties Group Inc.’s (CPG) Series B Preferred Shares worth up to P4 billion, but it is lower than the initially planned P5 billion. PSE documents showed that the...
Recto supports market reforms pushed by SEC By James A. Loyola Finance Secretary Ralph G. Recto has assured the Securities and Exchange Commission (SEC) of his support in pushing for business and capital market reforms with the aim of bolstering national efforts to promote inclusive and...
The Securities and Exchange Commission (SEC) and the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA)) are working closely together to advance various reforms to encourage capital raising and investing in the capital markets, and improvements on ease of...
The Securities and Exchange Commission (SEC) has ordered Infinity8Networks Digital Services OPC and related entities to stop illegally soliciting investments from the public. In an order dated Jan. 16, the Commission En Banc directed Infinity8Netoworks to immediately cease and desist from further...
The Securities and Exchange Commission (SEC) has issued a cease and desist order against MFT Group of Companies Inc. and Foundry Ventures I Inc. for alleged illegal solicitation of investments from the public. In an order dated Jan. 16, the Commission En Banc directed the MFT Group and Foundry...
The Securities and Exchange Commission (SEC) has approved the planned initial public offering (IPO) of Citicore Renewable Energy Corporation's (CREC) primary and secondary shares for as much as P12.94 billion. In its Jan. 16 meeting, the Commission En Banc resolved to render effective the...
The Securities and Exchange Commission (SEC) has revoked the certificate of authority (CA) of Wealth and Personal Development Lending Inc. to operate as a lending company for its repeated failure to comply with reportorial requirements and alleged involvement in illegal activities. In a statement,...
