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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 Securities and Exchange Commission (SEC) is calling on corporations to allow shareholders or members to participate in meetings virtually to encourage greater stakeholder involvement in their governance. The Commission reiterated the provisions of the Revised Corporation Code of the Philippines
The Securities and Exchange Commission (SEC) has urged companies to encourage greater stakeholder involvement in their governance by allowing shareholders or members to participate in meetings even if these are done online. The SEC said that it allowed participation in corporate meetings through remote communication or in absentia but this…
The Securities and Exchange Commission said companies can continue to hold virtual or remote shareholder meetings even after the pandemic and urged the firms to allow shareholders to participate in these meetings.
The Securities and Exchange Commission (SEC) has issued the standard procedures for the voluntary and involuntary dissolution of corporations which took effect Wednesday, March 9. The Commission released SEC Memorandum Circular No. 5, Series of 2022, providing the Guidelines on Corporate Dissolutio