Tag: Securities & Exchange Commission

SEC-DEO to public: Watch out for scammers using games, franchise programs to solicit investments

DAVAO CITY — The Securities and Exchange Commission-Davao Extension Office (SEC-DEO) has warned the public that some scammers at present are not only taking advantage of the vulnerability of those who are looking for investment vehicles, but have used all forms and means (including games and franchising programs) just to defraud […]

SEC ADVISORIES: JAMSMART, SOLMAX GLOBAL LIMITED and IGNITER 100, ROYAL O FINANCIAL CONSULTANCY SERVICES, & BITACCELERATE

The Securities and Exchange Commission (SEC) has issued another set of advisories against several entities soliciting investments from the public without the necessary licenses. For the complete list of advisories, you may visit https://www.sec.gov.ph/investors-education-and-information/advisories/ The SEC Davao Extension Office has verified the existence of: 1.     JAMSMART in DAVAO DE ORO […]

SEC RECOGNIZES BUSINESS AND INVESTOR CHAMPIONS, CITED FOR ANTI-SCAM ADVOCACY IN 84TH YEAR

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 […]

SEC APPROVES INDUSTRY-SPECIFIC FINANCIAL REPORTING FRAMEWORK FOR BANKS, OTHER BSP-SUPERVISED ENTITIES AMID COVID-19

 The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS) of financial institutions supervised by the Bangko Sentral ng Pilipinas (BSP) to account for the regulatory relief measures extended to them. On November 17, the Commission issued SEC Memorandum […]