SEC warns vs. 4 unregistered investment platforms By James A. Loyola The Securities and Exchange Commission (SEC) has advised the public against dealing with four entities due to their unauthorized solicitation of investments without the necessary license from the Commission. These firms are OctaFX...
Renewable energy firm Energy Development Corporation (EDC), a subsidiary of Lopez-led First Gen Corporation, is scheduling the second tranche of its ASEAN green bond offering with target proceeds of P10 billion that will continually bankroll the company’s projects. In a disclosure to the...
The Securities and Exchange Commission (SEC) is planning to ban unregistered foreign online stock and cryptocurrency trading platforms as it becomes stricter in their monitoring and regulation. This is according to SEC Commissioner Kelvin Lester Lee who is spearheading this move as the...
The Securities and Exchange Commission (SEC) has allowed the Philippine Stock Exchange Inc. (PSE) to negotiate its planned acquisition of additional shares in Philippine Dealing System Holdings Corporation (PDS Group) despite ownership limits. This developed as the Commission En Banc has...
The Securities and Exchange Commission (SEC) has made permanent its cease and desist order (CDO) issued against Casa Infini Builders and Realty Co. Ltd., Casa Infini Realty Management Co. Ltd., and its affiliated entities. This comes after the Commission En Banc denied the company’s motion to...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Bagong Bansang Maharlika (BBM) International Inc. for using President Ferdinand R. Marcos Jr.'s name to lure members while operating as a non-government organization (NGO) without the necessary licenses. ...
Securities and Exchange Commission (SEC) Chairperson Emilio B. Aquino has been named as the first ever Public Sector Innovator Awardee in the 2023 Mansmith Innovation Awards. In a statement, the SEC said this is in recognition of his pioneering digital transformation efforts in the government. SEC...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, is planning to raise up to P32 billion through the issuance of peso-denominated fixed rate bonds in one or more tranches. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has filed online via...
The Securities and Exchange Commission (SEC) has been recognized again for championing sustainability, as it continues to promote sustainable practices toward achieving long-term growth in the corporate sector. The SEC was named as one of the Circle of Excellence awardees in the Sustainability...
The Securities and Exchange Commission (SEC) joined forces with the Department of Migrant Workers (DMW) for a financial literacy and investor education campaign to help overseas Filipino workers (OFWs) spot investment scams and manage their finances better. The Commission has signed a memorandum of...
The Securities and Exchange Commission (SEC) and the Department of the Interior and Local Government (DILG) have joined forces to empower local government units (LGUs) in tackling investment scams and promoting financial literacy across the country. The SEC and the DILG signed a memorandum of...
Filinvest Land Inc., a member of the Gotianun Group, reported that the Securities and Exchange Commission (SEC) has approved the shelf registration of its P35-billion Peso-Denominated Fixed-Rate Bonds. In a disclosure to the Philippine Stock Exchange (PSE), FLI said the SEC has also approved its...
