Page 29 - Securities Regulation Code News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MANILA - The Securities and Exchange Commission (SEC) has ordered Wellcons Unlimited Systems, Inc. to stop offering investment packages to the public without the necessary license from the Commission. In an order dated June 23, the Commission en banc directed Wellcons to immediately cease and desist from engaging in the unlawful/unauthorized solicitation, offer and/or sale of securities until it has filed the requisite registration statement and secured the necessary approval from the SEC. Wellcons, its president Merarie Pailagao, as well as its officers, operators, administrators, promoters, ...

MANILA - The Securities and Exchange Commission (SEC) on Tuesday night affirmed the administrative penalties slapped against Rappler, Inc. and Rappler Holdings Corp. (RHC), as well as the revocation of their Certificates of Incorporation. According to the latest SEC decision signed by SEC Chair Emilio B. Aquino and the four SEC commissioners, the commission upheld its Jan. 11, 2018 decision, declaring as void the Philippine Depository Receipts (PDRs) issued to American firm Omidyar Network (ON) by Rappler and RHC since this violated, among others, Section 71.2 of the Securities Regulation Code...

The Securities and Exchange Commission (SEC) on Wednesday announced it has affirmed its order revoking the certificates of incorporation of Rappler Inc. and Rappler Holdings Corp. for supposedly violating the foreign ownership restrictions on mass media companies.

The Securities and Exchange Commission (SEC) has affirmed the revocation of the certificates of incorporation of Rappler, Inc. and Rappler Holdings Corporation (RHC) for their violation of constitutional and statutory restrictions on foreign ownership in mass media. In a statement, the SEC said “Th

SEC orders closure of Rappler