SEC REVOKES WELLCONS’ REGISTRATION; CITY GOVERNMENT PADLOCKS LOCAL OFFICE
DAVAO CITY --- The Securities and Exchange Commission (SEC) has revoked the corporate registration of Wellcons Unlimited Systems, Inc. for employing a “double-your-money” scheme to...
SEC JOINS ANNA FOR MORE OPEN, SECURE CAPITAL MARKET
The Securities and Exchange Commission (SEC) has secured membership in the Association of National Numbering Agencies (ANNA) as a partner, in another push to make...
SEC ADVANCES CRACKDOWN ON ILLEGAL ONLINE LENDING
The Securities and Exchange Commission (SEC) is moving forward its crackdown on unauthorized and abusive online lending activities, starting this year’s campaign with several individuals...
SEC ADVISORY AS OF TODAY (DECEMBER 28, 2021)
The Securities and Exchange Commission (SEC) has issued another set of advisories against several entities soliciting investments from the public without the necessary licenses: 1. WOW...
SEC SCORES 8th CONVICTION IN CRACKDOWN AGAINST ILLEGAL LENDING
The Securities and Exchange Commission (SEC) advanced its crackdown on illegal lending with another legal victory, after a regional trial court convicted the incorporators and directors of X-CEE789 Lending and Trading, Inc. for submitting falsified documents for its registration as a lending company.
SEC REVOKES, FINES VENTURE SECURITIES FOR FRAUD LEADING TO R&L INVESTMENTS’ COLLAPSE
A special hearing panel (SHP) at the Securities and Exchange Commission (SEC) has revoked the license of Venture Securities, Inc. (VSI) and imposed penalties totaling P32 million against the brokerage and its officers for the fraudulent transfer of client shares from R&L Investments, Inc.
SEC Davao: Don’t invest in G-HARVEST
DAVAO CITY — The Securities and Exchange Commission-Davao Extension Office has advised the public against investing in G-HARVEST INCORPORATED/GREAT HARVEST INCORPORATED (G-HARVEST). The call was in relation to the advisory that the Commission released on May 20 against the entity, with principal office at Door 11, DV Patricio Building, Tulip Drive, Ecoland, Matina Crossing, Davao City. (SEC)
One month before coding starts, SEC Davao reminds firms to enroll, submit reports early
DAVAO CITY --- The Securities and Exchange Commission – Davao Extension Office (SEC-DEO) has reminded corporations to enroll in the SEC Online Submission Tool (OST) as...
SEC CANCELS ECO HATCHERY’S CORPORATE REGISTRATION OVER UNAUTHORIZED INVESTMENT SCHEME
[SEC PRESS RELEASE] The Securities and Exchange Commission (SEC) has revoked the corporate registration of Eco Hatchery and Trading Corporation for soliciting investments from the public through a Ponzi...
SEC REVOKES BILL FORD VIP TRADING’S INCORPORATION FOR ILLEGAL INVESTMENT SCHEME
The Securities and Exchange Commission (SEC) has canceled the corporate registration of Bill Ford VIP Trading, Inc. for engaging in unauthorized investment activities resembling a...