The Securities and Exchange Commission (SEC) recognized champions of investor protection, capital market development, ease of doing business and good corporate governance, as it celebrated its 84th anniversary with a renewed commitment to enabling the Philippine corporate sector. In a virtual anniversary celebration and recognition ceremony on November […]
TAGUM CITY — Now that he and his family badly need the money due to the pandemic, they could not produce any as he has lost all his family’s savings to an investment scam which he hoped would provide them with a better future. All in all, he […]
DAVAO CITY — The Securities and Exchange Commission-Davao Extension Office (SEC-DEO) has warned lending and financing companies not to process personal data in debt transactions. The warning came about after the extension office confirmed having received complaints from borrowers whose pieces of personal information were used to threaten […]
The Securities and Exchange Commission (SEC) has issued another set of advisories against three more groups soliciting investments from the public without the necessary licenses: 1. IMMEDIATE EDGE 2. ACT MACHINERIES 3. CROWDBIT-88.COM (CROWDBIT-88) IMMEDIATE EDGE claims that it world’s most intelligent cryptocurrency software which can be used to conveniently buy and sell […]
The Securities and Exchange Commission (SEC) has ordered Forsage and Forsage Philippines to stop soliciting investments from the public through a crowdfunding platform based on the Ethereum blockchain technology. In an order issued September 17, the Commission directed Forsage to cease and desist, under pain of contempt, from […]
The Securities and Exchange Commission (SEC) has issued another set of advisories against several entities soliciting investments from the public without the necessary licenses. The Achievers Golden Marketing and Consulting’s (AGMC), headed by its President and owner Mr. ARNEL T. ARATIA, operates at different office addresses. One of which is located at 2nd Floor Room […]
The Securities and Exchange Commission (SEC) has issued another warning against Bitcoin Revolution, which presents itself as a cryptocurrency trading program purportedly endorsed by government officials, businessmen and celebrities. In an advisory dated June 16, the Commission urged the public to avoid or stop investing in schemes offered by […]
The Securities and Exchange Commission (SEC) has reiterated its directive for all financing and lending companies to provide borrowers more time to settle loans falling due within the enhanced community quarantine (ECQ) and modified enhanced community quarantine (MECQ) period. In an advisory issued on May 20, the Commission […]
The Securities and Exchange Commission (SEC) has ordered CROWD1 Asia Pacific, Inc. to immediately stop soliciting and accepting investments from the public under a scheme disguised as a digital marketing business. In an order issued on May 12, the SEC also directed representatives of Crowd1, whose corporate name […]
The Securities and Exchange Commission (SEC) underscored the importance of exercising due diligence before investing to avoid falling into a scammer’s trap, as it named four more groups engaging in unauthorized investment-taking activities. In separate advisories issued on May 7, the Commission warned the public against dealing with […]
