Page 15 - Securities Regulation Code News Today

MANILA - The Securities and Exchange Commission (SEC) has ordered Wellcons Unlimited Systems, Inc. to stop offering investment packages to the public without the necessary license from the Commission. In an order dated June 23, the Commission en banc directed Wellcons to immediately cease and desist from engaging in the unlawful/unauthorized solicitation, offer and/or sale of securities until it has filed the requisite registration statement and secured the necessary approval from the SEC. Wellc...

MANILA - The Securities and Exchange Commission (SEC) on Tuesday night affirmed the administrative penalties slapped against Rappler, Inc. and Rappler Holdings Corp. (RHC), as well as the revocation of their Certificates of Incorporation. According to the latest SEC decision signed by SEC Chair Emilio B. Aquino and the four SEC commissioners, the commission upheld its Jan. 11, 2018 decision, declaring as void the Philippine Depository Receipts (PDRs) issued to American firm Omidyar Network (ON) ...

The Securities and Exchange Commission (SEC) on Wednesday announced it has affirmed its order revoking the certificates of incorporation of Rappler Inc. and Rappler Holdings Corp. for supposedly violating the foreign ownership restrictions on mass media companies.

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 “Th

SEC orders closure of Rappler

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 Departm

MANILA - The Securities and Exchange Commission (SEC) has taken down another investment scam promising fast and guaranteed returns from cryptocurrencies in an entrapment operation that resulted in the arrest of 19 individuals. In a joint operation on June 11, the combined forces of the SEC Enforcement and Investor Protection Department (EIPD) and Philippine National Police Anti-Cybercrime Group (PNP-ACG) arrested the officers of Decentra while in the act of soliciting investments from the public...

RCBC will be holding its Annual Stockholders’ Meeting virtually through on June 27, 2022. Details to participate are listed here.

National Bureau of Investigation (2) Six persons have been arrested by agents of the National Bureau of Investigation (NBI) in Quezon City for alleged involvement in an investment scam. In a statement, the NBI said its agents from the Anti-Organized and Transnational Crime Division (NBI-AOTCD)

NBI raids networking company, seizes P1.5-M goods, equipment