SEC relaxes rules on small investors

The Securities and Exchange Commission (SEC) is making it easier for small investors to open accounts to boost participation in the capital markets. The SEC has issued new rules for so-called low-risk accounts, or those opened and maintained by Filipino investors with a deposit of P50,000 or lower.For these types of investors, a SEC-registered financial […]

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...

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...