Page 17 - Securities Regulation Code News Today

THE Securities and Exchange Commission (SEC) has revoked the corporate registrations of ScentkoWorld Corp. and Brendahl Cruz Holdings Inc. for running Ponzi-like schemes in its operations through a “buy-and-earn” (B&E) program of perfumes. The SEC’s Enforcement and Investor Protection Department found that the companies affiliated with Brendahl Cruz have been…

Razon-led Prime Strategic Holdings Inc. has completed its tender offer for shares of Apex Mining Co. Inc. earlier this week.

Elmer B Serrano, Serrano Law

THE Securities and Exchange Commission against investing on Algoscalp, which claims to operate a fully-automated trading system of cryptocurrency, as it is not a registered company and its operations are likened to that of a Ponzi scheme. The SEC said in its advisory that the company, which also uses the…

THE Supreme Court on Tuesday directed the Commission on Elections and online news outfit Rappler, Inc. to comment on the petition filed by the Office of the Solicitor General (OSG) seeking to declare unconstitutional the memorandum  of agreement (MOA) they entered into on providing election-related information, including fact-checking, during the election period.…

MANILA-The Supreme Court (SC) on Tuesday has asked the Commission on Elections (Comelec) to give its side on the petition filed by Solicitor General Jose Calida questioning the memorandum of agreement (MOA) between the poll body and online news publisher, Rappler Inc. "The Court En Banc during its deliberations today ordered the respondents to file their respective comments on the petition and application for a TRO (temporary restraining order) within a non-extendable period of 10 days from...

PETITION TO VOID. A staff of the Office of the Solicitor General shows the petition filed at the Supreme Court in Manila on Monday (March 7, 2022) to void the Commission on Elections-Rappler deal. The agreement will make the online news outlet a "fact-checker" of the elections, which the SolGen said should not be granted to a foreign funded firm. (PNA photo by Benjamin Pulta) MANILA - State lawyers on Monday asked the Supreme Court Monday to void the memorandum of agreement (MOA) betwe...

PETITION TO VOID. A staff of the Office of the Solicitor General shows the petition filed at the Supreme Court in Manila on Monday (March 7, 2022) to void the Commission on Elections-Rappler deal. The agreement will make the online news outlet a "fact-checker" of the elections, which the SolGen said should not be granted to a foreign funded firm. (PNA photo by Benjamin Pulta) MANILA - State lawyers on Monday asked the Supreme Court Monday to void the memorandum of agreement (MOA) betwe...

The Commission on Elections (Comelec) on Monday said it is ready to defend before the Supreme Court (SC) its memorandum of agreement (MOA) for voter education with online media firm Rappler, which is now being questioned by the Office of the Solicitor General (OSG). Comelec Acting Chairman Socorro B. Inting…

The Securities and Exchange Commission (SEC) has ordered PawisngPinoy Online Investment to stop its illegal solicitation of investments from the public through a non-existent product distribution, real estate, and jewelry business. In an order, the Commission En Banc directed PawisngPinoy to immed