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SEC upholds fine vs. NOW Corp. - Vimarsana News

SEC upholds fine vs. NOW Corp.

The Securities and Exchange Commission, or SEC, has affirmed its decision to impose a P1 million penalty each on NOW Corp. and its Chief Executive Officer, Mel

Regulator upholds fines against Now | Lorenz S. Marasigan - Vimarsana News

Regulator upholds fines against Now | Lorenz S. Marasigan

The Securities and Exchange Commission (SEC) has upheld the imposition of fines on listed telecommunications provider Now Corp. and its CEO Mel Velarde for what it deemed as “misleading” disclosures regarding Now Telecom’s P2.6-billion unpaid obligation to the government. The SEC’s Enforcement and Investor Protection Department rejected Now Corp. and…

SEC purges thousands of delinquent, inactive firms - Vimarsana News

SEC purges thousands of delinquent, inactive firms

The Securities and Exchange Commission (SEC) has suspended 117,885 corporations, which failed to comply with the reportorial requirements of the agency. The SEC said most of the companies did not submit their annual reports for more than five years. This is not the first time that the agency conducted a…

 - Vimarsana News

The Securities and Exchange Commission, or SEC, has suspended the registration of close to 118,000 corporations for failing to comply with reportorial requireme

SEC flags illegal securities peddled by 2 local entities - Vimarsana News

SEC flags illegal securities peddled by 2 local entities

The Securities and Exchange Commission (SEC) urged the public to avoid investing in Badeth’s Foodhouse and Soao Technology Co. Ltd. OPC as both entities are selling securities to the public without the necessary license. Badeth’s Foodhouse is fastfood restaurant is in Cupang North Balanga, Bataan. It is owned by Brisek…