Finance Secretary Benjamin E. Diokno commended the Securities and Exchange Commission (SEC) for its efforts in ensuring the security of the people’s money and investments. In his keynote speech for SEC’s 87th anniversary, Diokno said that the Commission has enforced investigations against...
The Energy Regulatory Commission (ERC) is working with the Securities and Exchange Commission (SEC) on the development of a regulatory framework that will hasten the initial public offering (IPO) of the country’s power generation companies and distribution utilities. The two government agencies...
The Securities and Exchange Commission (SEC) renewed its call to various stakeholders for greater cooperation accelerating efforts in mainstreaming sustainable finance, strengthen sustainability reporting, and enable capital markets to meaningfully contribute to a just and equitable transition. The...
The Securities and Exchange Commission (SEC) has announced the “final” extension of its amnesty program for non-compliant and suspended or revoked corporations. In a statement, the SEC said it is giving these delinquents “a last chance to avail of lower fines and penalties with the final...
The Securities and Exchange Commission (SEC) announced that it is strictly enforcing its rules, reminding delinquent and inactive firms to submit the required documents for their businesses to avoid revocation of their licenses and termination from the commission. SEC Chairperson Emilio B....
The Securities and Exchange Commission (SEC) has approved the shelf registration of bonds and preferred shares by Vista Land & Lifescapes Inc. and San Miguel Corporation (SMC), respectively, with a total value of P100 billion. In its Oct. 17 meeting, the Commission En Banc resolved to render...
The Securities and Exchange Commission (SEC) is warning the public against dealing with a firm posing as the country’s oldest conglomerate Ayala Corporation and two other firms due to their unauthorized solicitation of investments without the necessary license from the SEC. In an advisory, the...
The Department of Migrant Workers (DMW) has partnered with the Securities and Exchange Commission (SEC), for the financial literacy and investor protection for overseas Filipino workers (OFWs) and their families. DMW officer-in-charge Undersecretary Hans Leo J. Cacdac said the move is aimed...
The Securities and Exchange Commission (SEC) and the Anti-Money Laundering Council (AMLC) have filed a money laundering complaint against Silverlion Livestock Trading Corporation which was found to be illegally soliciting investments from the public. Through Deputized AMLC Financial Investigators,...
The Securities and Exchange Commission (SEC) is considering extending the deadline of its amnesty program further as representatives of business groups sued for more time before sitting down to discuss their complaint of the higher fees and charges to be implemented. In a press briefing Thursday,...
The Securities and Exchange Commission (SEC) will meet with business groups on Thursday, Oct. 12, to discuss complaints on the proposed revised schedule of certain fees and charges which is deemed too high. In a statement, the SEC welcomed the points and notes the concerns raised by business groups...
The Securities and Exchange Commission (SEC) has advised the public against dealing with Hoperices Investment and 99 Dragons PH due to their unauthorized solicitation of investments without the necessary license from the Commission. In an advisory, the SEC said Hoperices claims that it is an...