The Securities and Exchange Commission (SEC) is offering an additional payment option to the transacting public through an enhanced partnership with the Land Bank of the Philippines (LANDBANK). The Commission signed an amended Memorandum of Agreement (MOA) with LANDBANK to allow for payments for...
The Securities and Exchange Commission (SEC) celebrated its 86th anniversary by recognizing individuals and organizations that have helped it champion the development of the corporate sector and further deepening of the capital markets. In its first face-to-face celebration since the pandemic, the...
The Securities and Exchange Commission (SEC) has busted the operations of Silverlion Livestock Trading Corp. in Zamboanga City as it continues the crackdown against unauthorized investment schemes. In a joint operation, the combined forces of the SEC Zamboanga Extension Office (ZEO) and the...
The Securities and Exchange Commission (SEC) is warning the public against investing in Frutas Comida Zamboanga, which has been offering guaranteed returns of 20 percent per month on social media. In an advisory, the SEC flagged the investment solicitation activities of Frutas Comida, as the group...
The Securities and Exchange Commission (SEC) has approved the bond offerings of San Miguel Corporation (SMC) and Aboitiz Equity Ventures, Inc. (AEV) that will raise up to P90 billion for the two firms. The Commission En Banc resolved to render effective the registration statement of SMC for up to...
The Securities and Exchange Commission (SEC) reported that it has received another recognition from the United Nations Conference on Trade and Development (UNCTAD) for promoting sustainability and sustainable development goals (SDG) reporting in the Philippines. The SEC received the ISAR Honours...
The Securities and Exchange Commission (SEC) has approved the planned P1.89 billion initial public offering (IPO) of Alternergy Holdings Corporation. The Commission En Banc has resolved to render effective the registration statement of Alternergy Holdings covering 4.32 billion common shares,...
The Philippines is moving towards implementing full mandatory disclosure of ESG compliance by all businesses in the country, but emphasized the need to find balance amid social concerns being a developing country. This was emphasized by Trade and Industry Secretary Alfredo E. Pascual at the EU...
SEC: Do not invest in Lodi Coins By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) is advising the public against investing in Lodi Coins, a supposed virtual currency being offered on social media without the necessary licenses from regulators. In an advisory, the Commission flagged...
Unity Premier Business Group OPC has been ordered by the Securities and Exchange Commission (SEC) to stop illegally soliciting investments from the public through its supposed beauty product business. In a statement, the SEC said the Commission En Banc directed the company, which also operates...
The Securities and Exchange Commission (SEC) has revoked the registration of Katuwang Poultry Chicken Egg Producing Co. as a partnership, for illegally soliciting investments from the public online. In an order, the SEC Enforcement and Investor Protection Department (EIPD) found that Katuwang...
The Securities and Exchange Commission (SEC) has made permanent its order stopping AlphanetWorld Corporation, which has been doing business under the name NWorld, from soliciting investments from the public without the necessary license. In a resolution, the Commission En Banc denied for lack of...
