SEC blacklists auditor of scammed brokerage

Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has blacklisted and fined R&L Investments’ external auditor, under whose watch a rouge settlement clerk pulled off a stock theft that led to the collapse of this stock brokerage house. In a press statement on Monday, the SEC announced that it had disqualified […]

SEC approves first ever listing of a REIT company

Property giant Ayala Land Inc. has obtained approval from the Securities and Exchange Commission (SEC) to bring to public hands the country’s very first real estate investment trust (REIT) that will raise as much as P15.1 billion in fresh capital for more local real...

SEC oks first REIT listing

ALI top brassL-R top to bottom: ALI vice-chair Jaime Augusto Zobel de Ayala, chair Fernando Zobel de Ayala, president Bernard Vincent Dy, chief financial officer Augusto Bengzon at the ALI 2020 stockholders meeting via Zoom The Securities and Exchange Commission has...

SEC plans to ease low-risk investor rules

Citing the need to democratize investing and achieve financial inclusion in the Philippines, the Securities and Exchange Commission (SEC) plans to simplify the onboarding of Filipino investors classified as “low-risk” by stock brokers, government securities dealers...

SEC warns against more investment scams

Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has warned the public against a new set of entities that are illegally soliciting investments, including those hawking alleged cryptocurrency trading and online selling...