Page 18 - Securities Regulation Code News Today

The Securities and Exchange Commission has cracked down anew on another entity that has been illegally soliciting investments from the public.

The Securities and Exchange Commission (SEC) has ordered Negros Occidental-based RGS World Marketing Corporation to stop operating its illegal investment scheme targeting investors in Western Visayas. In an order, the Commission En Banc directed RGS World to immediately cease and desist from engagi

The Securities and Exchange Commission (SEC) has tightened good governance rules by barring from sitting in a corporation’s board those convicted for offenses punishable by imprisonment of over six years. In a statement, the SEC said this new rue is in line with its commitment to ensure good corpor

MANILA - The Securities and Exchange Commission (SEC) has ordered RGS World Marketing Corp. to stop its illegal investment scheme based in Negros Occidental targeting investors in Western Visayas. In an order dated March 1, the commission en banc directed RGS World to immediately cease and desist from engaging in the unlawful or unauthorized solicitation, offer and/or sale of securities until it has filed the requisite registration statement and secured the necessary approval from the SEC. RGS W...

The Securities and Exchange Commission has approved the applications of SeedIn Technology and Eastern Securities for registration as crowdfunding intermediaries. The Commission granted both firms a permanent license each in lieu of a one-year provisional license, although their operations will be s

MANILA - The Securities and Exchange Commission (SEC) has allowed SeedIn Technology, Inc. and Eastern Securities Development Corporation to act as crowdfunding intermediaries and operate crowdfunding portals, providing the country's small, medium and emerging enterprises (SME) with more funding options. In its meeting on February 23, the commission en banc approved the respective applications of SeedIn Technology and Eastern Securities for registration as crowdfunding intermediaries, subject...

The Securities and Exchange Commission has ordered AlphanetWorld Corp., doing business under the name NWorld, to stop soliciting investments from the public, saying the company has no license to do so.

AlphanetWorld Corporation, which has been doing business under the name NWorld, has been ordered by the Securities and Exchange Commission (SEC) to stop soliciting investments from the public without the necessary license. In its order, the Commission En Banc directed AlphanetWorld to immediately c

MANILA - The Securities and Exchange Commission (SEC) has ordered AlphanetWorld Corporation, which has been doing business under the name NWorld, to stop soliciting investments from the public without the necessary license. In an order issued February 23, the commission en banc directed AlphanetWorld to immediately cease and desist from engaging in the unlawful or unauthorized solicitation, offer and/or sale of securities until the requisite registration statement has been duly filed with and ap...

The Securities and Exchange Commission (SEC) said Thursday it has ordered AlphanetWorld Corporation, operating under the trade name NWorld, to halt its investment scheme for not having the necessary license.