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New 'circuit breakers' for stock trading get SEC approval

ABS-CBN News
Posted at Apr 30 10:25 AM

Trading in the market will halt for 15 minutes if the PSE index declines by10 percent, 30 minutes if the decline reaches 15 percent and for 1 hour if the drop widens to 20 percent, the SEC said in a statement. Read more »

SEC investigating 64 lending apps over complaints of harassment

ABS-CBN News
Posted at Sep 25 10:18 AM

The Philippine Securities and Exchange Commission said that while fintech is helping bridge the gap for unbanked Filipinos, some are taking advantage of the system to cheat or harass clients. Read more »

Kapa donors' lawsuit vs Duterte, et al 'riddled with defects' - SEC chief

ABS-CBN News
Updated as of Jun 27 12:28 PM

The head of the Securities and Exchange Commission on Tuesday said there were many "defects" in a foundation's Supreme Court Petition against him and President Rodrigo Duterte for shutting down controversial religious group Kapa Community Ministry International (Kapa Ministry). Read more »

SEC to file criminal raps vs Kapa Ministry over 'P50-B investment scam'

ABS-CBN News
Updated as of Jun 10 10:25 PM

(UPDATED) The Securities and Exchange Commission (SEC) will file criminal complaints against officials of Kapa Ministry International for an alleged investment scam that reportedly defrauded participants of as much as P50 billion.  Read more »

SEC Chief Aquino to push for ease in doing business

ABS-CBN News
Posted at Jun 07 09:42 AM

New Securities and Exchange Commission Chairperson Emilio Aquino said Thursday he would prioritize cutting red tape and promoting inclusive growth. Read more »