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Posts Tagged ‘SEC’

SEC orders ALMAMICO, ALAMCCO to stop Ponzi-like investment scheme

Posted on Wednesday, 3 July 2019 07:41 PM | No Comments
MANILA, Philippines – The Securities and Exchange Commission (SEC) on Wednesday ordered Alabel Maasim Mining (ALMAMICO) Corp., Alabel-Maasim Credit Cooperative (ALAMCCO) to stop soliciting money through the Ponzi scheme and...

Criminal raps to be filed vs Kapa Ministry — SEC

Posted on Tuesday, 11 June 2019 01:20 PM | No Comments
MANILA, Philippines – The Securities and Exchange Commission (SEC) is set to file criminal complaints against the officials of Kapa Community Ministry International for allegedly operating a fraudulent investment scheme....

SEC is scrutinizing overnight blockchain companies: chairman

Posted on Wednesday, 24 January 2018 08:17 PM | No Comments
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) is scrutinizing public companies that change their name or business model in a bid to capitalize upon the hype surrounding...

Cancellation of Rappler’s license to operate, a ‘heavy punishment’— media organizations

Posted on Monday, 22 January 2018 09:22 PM | No Comments
MANILA, Philippines — The Securities and Exchange Commission’s (SEC) decision to cancel Rappler’s license to operate is not a commensurate response and a heavy punishment for the online news agency....

Rappler CEO faces NBI probe on cyber libel complaint

Posted on Monday, 22 January 2018 09:21 PM | No Comments
MANILA, Philippines — Rappler CEO, Maria Ressa appeared at the National Bureau of Investigation (NBI) Cybercrime Division, Monday, on a cyber libel complaint. Ressa said that while they were given...

President Duterte dares online news sites to prove allegations against government

Posted on Thursday, 18 January 2018 06:20 PM | No Comments
  President Rodrigo Duterte has defended himself against accusations that his administration is restricting the freedom of the press after the Securities and Exchange Commission (SEC) decided to revoke the...

DOJ to look into other violations by Rappler

Posted on Thursday, 18 January 2018 01:28 PM | No Comments
MANILA, Philippines — The Department of Justice (DOJ) said it will look into other possible violations of the online news site, Rappler. “It will not be limited to the administrative...

Malacañang reminds media entities criticizing the government to follow the laws of the land

Posted on Wednesday, 17 January 2018 10:41 AM | No Comments
  MANILA, Philippines — Malacañang assured that the government will not close down media organizations critical of the Duterte administration. However, the Duterte administration reminded media personnel that they are...

Court acquits businessman Roberto Ongpin of insider trading charge

Posted on Wednesday, 13 December 2017 07:05 AM | No Comments
MANILA, Philippines — The Court of Appeals (CA) has cleared businessman and former trade minister, Roberto Ongpin in an administrative case involving the alleged insider trading in the shares of...

SEC warns against unregistered lending companies

Posted on Wednesday, 29 March 2017 12:51 PM | No Comments
MANILA, Philippines — Over 7,000 lending companies are currently registered under the Securities and Exchange Commission (SEC). From among them, about 3,000 may have registered but without certificates of authority. ...