Page 24 - Securities Regulation Code News Today

The Securities and Exchange Commission (SEC) has barred Chiyuto Creative Wealth Documentation Facilitation Services from soliciting investments from the public through a double-your-money roulette game. In an order issued on Feb. 1, the Commission directed Chiyuto, which registered as a sole proprietorship and later on as a one-person corporation (OPC), to cease and desist, under pain of contempt, from selling and/or offering securities in the form of investment contracts until it has filed and...

endIndex: Metro Manila (CNN Philippines) — The pandemic has added another opportunity for fraudsters. Exploiting our human nature to help those in need, as well as our hopes to augment our income, scammers do not take a break in targeting vulnerable victims. Charity fraud in-game streaming The rise of video game streaming in the last several years has opened up a new avenue for philanthropy for victims of volcanic eruption, earthquakes, typhoons, and pandemic-related job losses in the countr...

January 14, 2021 | 12:05 am Font Size AAA THE Securities and Exchange Commission (SEC) has advised the public not to invest or stop investing in any scheme offered by Masa Mart Business Center after it has solicited investments without proper registration. In an advisory posted on its website, the SEC said Masa Mart and its other entities such as Masa Mart Business Center OPC and Masa Mart Enterprise OPC are not authorized to solicit investments since they have not secured the necessar...

First crowdfunding portal in PH gets SEC approval Share on email The Securities and Exchange Commission (SEC) has allowed Investree Philippines Inc. to operate a crowdfunding platform that will connect small, medium, and emerging enterprises with banks and other lenders. In its December 22, 2020 meeting, the SEC approved the application of Investree to operate as a funding portal and act as a crowdfunding intermediary, subject to compliance with certain conditions. The registration of Investree...

PASIG CITY, Jan 9 -- The Securities and Exchange Commission (SEC) has allowed Investree Philippines, Inc. to operate a crowdfunding platform that will connect small, medium and emerging enterprises with banks and other lenders. In its December 22, 2020 meeting, the Commission En Banc approved the application of Investree to operate as a funding portal and act as a crowdfunding intermediary, subject to its compliance with certain conditions. The registration of Investree as crowdfunding inter...

BusinessWorld January 8, 2021 | 7:23 pm Ayala-led AC Energy Philippines, Inc. has moved the rights offer period for its stocks to this month, saying it deemed the earlier date to be “prudent” since its existing regulatory approval requires a January 2021 completion. In a regulatory filing on Friday, the listed energy company said it would open its stock rights offering (SRO) on Jan. 18 until 22, from the first work week of February previously. The move comes as the company a...

The Securities and Exchange Commission (SEC) has green-lighted the country’s first crowdfunding platform that will connect small, medium and emerging enterprises with banks and other lenders. A joint venture between Filinvest Development Corporation and Investree Singapore Pte. Ltd., Investre

The Securities and Exchange Commission (SEC) said Thursday it has given the go signal for a crowdfunding platform to commence operations.

December 23, 2020 | 7:55 pm Font Size SEC.GOV.PH THE Securities and Exchange Commission (SEC) has warned the public from investing or to stop any investment in a group named Maxxprofit Computer Trading (Maxx Profit), which it said solicited funds despite being unregistered. In an advisory on its website, the corporate regulator said Maxx Profit is not registered with the SEC neither as a corporation nor as a partnership, and is also not authorized to solicit investments from the public...

Common cryptocurrency scams and how to avoid them enablePagination: false endIndex: Metro Manila (CNN Philippines) — Is cryptocurrency a scam? It isnt, but you should still be careful with fraudulent schemes that ride on its popularity. Cryptocurrency is a volatile enough investment as it is. Dont fall prey to these common cryptocurrency frauds. Scam No. 1: Fake cryptocurrencies A common scam is presenting a new cryptocurrency as an alternative to popular digital monetary currencies like Bit...