Page 16 - Securities Regulation Code News Today

Sta. Lucia Land, Inc.'s will be holding its Annual Stockholders Meeting with details to participate listed here.

SEC welcomes new Financial Consumers Protection Law By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) welcomed the enactment of Republic Act No. 11765, or the Financial Products and Services Consumer Protection Act (FCPA), as it reinforces the agency’s mandate of protecting the inves

PERA, as a voluntary retirement account, provides a framework to help Filipinos 18 years old and above prepare for their eventual retirement. The PERA law, meanwhile, provides tax benefits while instilling the discipline of saving money by making annual contributions to their own account.

The Securities and Exchange Commission (SEC) is coming out with a list of equities, bonds, funds and other securities in which Personal Equity and Retirement Account (PERA) funds may be invested. The Commission on May 17 released for public comment the proposed Rules on Qualified and/or Eligible Pe

The Securities and Exchange Commission is coming up with a list of equities, bonds, funds and other securities in which Personal Equity and Retirement Account funds may be invested.

MANILA - The Securities and Exchange Commission (SEC) has ordered Astrazion Noble Task Community Foundation, Astrazion Global Holdings Philippines Inc., and Astrazion International to stop offering their supposed digital currency through an illegal multi-level marketing platform. In an order dated May 12, the SEC en banc directed the Astrazion Group to immediately cease and desist from engaging in the unlawful/unauthorized solicitation, offer and/or sale of securities until it has filed the requ...

The decision of the Securities and Exchange Commission (SEC) to reverse its earlier decision that revoked the license and registration of Venture Securities Inc. as broker dealer is viewed by most stockbrokers as a vindication of their profession. In a chat over lunch, Eagle Securities President Joey Roxas and company…

The Philippine Stock Exchange (PSE) has slapped billionaire Dennis Uy’s DITO CME Holdings and China Bank Capital Corp. with the maximum penalty allowed under its charter for canceling DITO’s P8 billion stock rights offering (SRO) in January. DITO CME is the holding company of Dito Telecommunity, which is a joint venture…

While I’m glad the PSE has finally taken action against DITO for what it did, I’m frustrated that the PSE was not more transparent about the sanctions themselves.

Regulators have penalized DITO CME Holdings Corp., the country’s third telecommunications company led by Davao businessman Dennis Uy, for the cancellation of its P8-billion stock rights offer (SRO) days before its listing on the Philippine Stock Exchange (PSE) in January. The PSE has also penalized its underwriter, China Bank Capital…