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The Baguio City Prosecutor’s Office has dismissed for insufficient evidence the charges for alleged violation of the Securities Regulation Code (SRC) and Cybercrime Prevention Act against the chief executive officer of Casa Infini Builders & Realty Co. and 23 other respondents. In a 55-page resolution penned by Arlene Valerie Cacho-Spadaro on July 19, it stated
Part three THIS time we focus on the Securities and Exchange Commission (SEC) and its role in the capital markets. This role is central because it administers the implementation of the Securities Regulation Code (SRC). The SRC declares it the state policy to “establish a socially conscious, free market that…
The Securities and Exchange Commission (SEC) has warned the public against investing in Infinity Success Trading and Crowdfunding Pinas as they are not registered with the agency. Based on reports gathered by the agency, Crowdfunding Pinas is being managed by AJ Perez whose posts were encouraging people to invest in…
SECTION 2 of Republic Act 8799, or the 'Philippines' Securities Regulation Code,' declares that the State shall establish a socially conscious, free market that regulates itself, encourage the widest participation of ownership in enterprises, enhance democratization of wealth, promote the development of the capital market, protect investors, ensure full and fair disclosure about securities, minimize if not totally eliminate insider trading and other fraudulent or manipulative devices and practices which create distortions in the free market.
The Securities and Exchange Commission (SEC) has advised the public against investing in Moca Farm or in Moca Farm Dairy Inc., which operates an online trading platform, as it has not been authorized to solicit investments. Based on reports and information gathered by the agency, Moca Farm claims that it…