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SEC revokes license of brokerage R&L for stocks fraud

SEC revokes license of brokerage R&L for stocks fraud
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Brokerage loses license, fined P32-M for illegal transfer of P700-M shares

The Securities and Exchange Commission (SEC) has revoked the license of Ventures Securities, Inc. (VSI) and slapped P32 million in penalties against the brokerage and its officers for the fraudulent transfer of P700 million worth of client shares from R&L Investments, Inc. An SEC special he

Fiduciary Duty of Loyalty: Conflict-of-interest situations for directors, trustees, or officers

Fiduciary Duty of Loyalty: Conflict-of-interest situations for directors, trustees, or officers
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

SEC supports easing of bank secrecy law

The Securities and Exchange Commission (SEC) is supporting moves to amend Republic Act No. 1405, or the Secrecy of Bank Deposits Law, to reinforce the country’s fight against money laundering, terrorist financing, tax evasion and other financial crimes. The amendments put forward under House Bill N

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