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                    [ArticleID] => 98464
                    [Title] => SEC cancels investment house licenses of 3 banks
                    [Summary] => The Securities and Exchange Commission (SEC) has decided not to renew for the current year the investment house licenses of three big banks for their refusal to pay the penalties imposed by the agency.


The three are Development Bank of the Philippines, China Bank, and the ING Bank. Licensed as underwriter of securities since 1997, China Bank has contested the penalty set by the SEC for its failure to comply with the reportorial requirements


                    [DatePublished] => 2000-10-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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CAPITAL PHILIPPINES

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                    [ArticleID] => 98464
                    [Title] => SEC cancels investment house licenses of 3 banks
                    [Summary] => The Securities and Exchange Commission (SEC) has decided not to renew for the current year the investment house licenses of three big banks for their refusal to pay the penalties imposed by the agency.


The three are Development Bank of the Philippines, China Bank, and the ING Bank. Licensed as underwriter of securities since 1997, China Bank has contested the penalty set by the SEC for its failure to comply with the reportorial requirements


                    [DatePublished] => 2000-10-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

SEC cancels investment house licenses of 3 banks

By by Rommel Ynion | October 10, 2000 - 12:00am

The Securities and Exchange Commission (SEC) has decided not to renew for the current year the investment house licenses of three big banks for their refusal to pay the penalties imposed by the agency. The three...

Business