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THE crowdfunding business of the Gotianuns and a Singaporean firm was given a greenlight by the Securities and Exchange Commission (SEC), the regulator announced recently. The Commissioners, meeting en banc last week, approved the application of Investree Philippines Inc. for a permanent license to operate as a funding portal and…
Investree Philippines is the first crowdfunding intermediary and funding portal registered with the regulator after the Rules and Regulations Covering Crowdfunding (CF Rules) took effect in 2019.
The Securities and Exchange Commission (SEC) has granted the country’s first permanent license to operate as a crowdfunding platform to Investree Philippines Inc. 57909 The Commission En Banc approved Investree Philippines’ application for a permanent license to operate as a funding portal and a
The Securities and Exchange Commission is cracking down anew on entities offering virtual coins or NFTs without the necessary license or authority from the agency.
DAVAO CITY—The Securities and Exchange Commission (SEC) clamped down on another suspected get-rich-quick scheme by a local business firm that didn’t have the necessary government license to operate on investment securities. In its order dated December 31 last year, the SEC revoked the Certificate of Registration and/or Incorporation of Massdrop…