^
+ Follow COMPANY REGISTRATION AND MONITORING DEPARTMENT Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1481273
                    [Title] => SEC lifts appeal deadline on revocation
                    [Summary] => 

The Securities and Exchange Commission has lifted the deadline for delinquent corporations to appeal its orders of revocation or suspension.

[DatePublished] => 2015-07-26 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1309272 [Title] => New bond-focused invest firm gets SEC nod [Summary] =>

The Securities and Exchange Commission (SEC) has approved the creation of a new investment company focusing on bonds.

[DatePublished] => 2014-04-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 285551 [Title] => SEC studies PPI request on Lifetime Plans’ license [Summary] => The Securities and Exchange Commission is reviewing whether it could allow Pacific Plans Inc. to assume the license of its now-defunct unit Lifetime Plans Inc., an SEC official said.
[DatePublished] => 2005-07-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 235634 [Title] => SEC revokes registration of 240,000 corporations [Summary] => The Securities and Exchange Commission (SEC) has revoked the registration certificates of about 240,000 corporations for their failure to comply with the agency’s reportorial requirements.

These companies were registered between 1936 to 1995. They had failed to file financial statements and general information sheets for the past several years and had also refused to pay the corresponding fines for violations committed.
[DatePublished] => 2004-01-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 234607 [Title] => SEC requires 30-day period for registration of shares under FIA [Summary] => The Securities and Exchange Commission (SEC) has ruled that any application for registration under the Foreign Investments Act (FIA) resulting from the issuance of shares of stocks shall be filed within 30 days from the transfer of such shares.

Previously, the SEC had no policy on the period of time within which to file FIA application when the same is either the result of an issuance of shares of stocks out of the unissued portion of the authorized capital stock or through transfer of shares.
[DatePublished] => 2004-01-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 227394 [Title] => SEC threatens to revoke licenses of 2 companies [Summary] => The Securities and Exchange Commission has threatened to revoke the secondary licenses of publicly-listed firms Kuok Philippine Properties Inc. and Edsa Properties Holdings Inc. for non-submission of reportorial requirements in violation of the Securities Regulation Code.

SEC chair Lilia R. Bautista said KPPI and EPHI have failed to file quarterly reports despite repeated demands from the Commission.

If the two firms continue to evade the agency’s reportorial requirements, the SEC will be constrained to cancel their licenses to sell securities to the public.
[DatePublished] => 2003-11-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 218596 [Title] => SEC threatens to revoke licenses of erring firms [Summary] => The Securities and Exchange Commission has directed corporations that failed to submit reportorial requirements for the past six consecutive years to settle their deficiencies by end-September this year or face the revocation of their registration.

The SEC has called on these delinquent corporations to appear before the agency’s Company Registration and Monitoring Department (CRMD) within 30 days from date of publication of order to show cause why their certificates of registration should not be revoked.
[DatePublished] => 2003-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 214176 [Title] => SEC set to cancel licenses of 240,000 erring firms [Summary] => Tightening its guard against delinquent corporations, the Securities and Exchange Commission is set to cancel the registration certificates of more than 240,000 firms for their failure to comply with the agency’s reportorial requirements.

The companies registered between 1936 to 1995 came under fire from the SEC for chronic violation of the rules on the submission of financial statements and general information sheets and for failure to pay the corresponding fines for the violations committed.
[DatePublished] => 2003-07-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 207473 [Title] => SEC drafts rules on club membership fees [Summary] => To keep a tighter lid on the operations of membership clubs, the Securities and Exchange Commission (SEC) is drafting guidelines on the collection of dues from leisure club members to ensure the protection of the investing public.

Among the measures that the SEC is looking at will require exclusive recreational and sports clubs to place in escrow proceeds from the sale of their club shares.

An SEC committee looking into the operations of leisure clubs said fund withdrawals can only be made upon presentation of the company’s work progress report.
[DatePublished] => 2003-05-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 196717 [Title] => SEC to revoke licenses of 4 inactive firms [Summary] => The Securities and Exchange Commission plans to revoke the licenses of four inactive listed firms from selling securities to the public for violation of securities rules and law.

The four firms are Land Oil Resources Corp., AGP Industrial Corp., Wellex Industries Inc., and Wise Holdings Inc. The SEC, however, refused to name the violations committed by these companies.

Another company in hot water is Lodestar Mining Corp. which has remained inoperational for the past five years.
[DatePublished] => 2003-02-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
COMPANY REGISTRATION AND MONITORING DEPARTMENT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1481273
                    [Title] => SEC lifts appeal deadline on revocation
                    [Summary] => 

The Securities and Exchange Commission has lifted the deadline for delinquent corporations to appeal its orders of revocation or suspension.

[DatePublished] => 2015-07-26 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1309272 [Title] => New bond-focused invest firm gets SEC nod [Summary] =>

The Securities and Exchange Commission (SEC) has approved the creation of a new investment company focusing on bonds.

[DatePublished] => 2014-04-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 285551 [Title] => SEC studies PPI request on Lifetime Plans’ license [Summary] => The Securities and Exchange Commission is reviewing whether it could allow Pacific Plans Inc. to assume the license of its now-defunct unit Lifetime Plans Inc., an SEC official said.
[DatePublished] => 2005-07-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 235634 [Title] => SEC revokes registration of 240,000 corporations [Summary] => The Securities and Exchange Commission (SEC) has revoked the registration certificates of about 240,000 corporations for their failure to comply with the agency’s reportorial requirements.

These companies were registered between 1936 to 1995. They had failed to file financial statements and general information sheets for the past several years and had also refused to pay the corresponding fines for violations committed.
[DatePublished] => 2004-01-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 234607 [Title] => SEC requires 30-day period for registration of shares under FIA [Summary] => The Securities and Exchange Commission (SEC) has ruled that any application for registration under the Foreign Investments Act (FIA) resulting from the issuance of shares of stocks shall be filed within 30 days from the transfer of such shares.

Previously, the SEC had no policy on the period of time within which to file FIA application when the same is either the result of an issuance of shares of stocks out of the unissued portion of the authorized capital stock or through transfer of shares.
[DatePublished] => 2004-01-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 227394 [Title] => SEC threatens to revoke licenses of 2 companies [Summary] => The Securities and Exchange Commission has threatened to revoke the secondary licenses of publicly-listed firms Kuok Philippine Properties Inc. and Edsa Properties Holdings Inc. for non-submission of reportorial requirements in violation of the Securities Regulation Code.

SEC chair Lilia R. Bautista said KPPI and EPHI have failed to file quarterly reports despite repeated demands from the Commission.

If the two firms continue to evade the agency’s reportorial requirements, the SEC will be constrained to cancel their licenses to sell securities to the public.
[DatePublished] => 2003-11-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 218596 [Title] => SEC threatens to revoke licenses of erring firms [Summary] => The Securities and Exchange Commission has directed corporations that failed to submit reportorial requirements for the past six consecutive years to settle their deficiencies by end-September this year or face the revocation of their registration.

The SEC has called on these delinquent corporations to appear before the agency’s Company Registration and Monitoring Department (CRMD) within 30 days from date of publication of order to show cause why their certificates of registration should not be revoked.
[DatePublished] => 2003-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 214176 [Title] => SEC set to cancel licenses of 240,000 erring firms [Summary] => Tightening its guard against delinquent corporations, the Securities and Exchange Commission is set to cancel the registration certificates of more than 240,000 firms for their failure to comply with the agency’s reportorial requirements.

The companies registered between 1936 to 1995 came under fire from the SEC for chronic violation of the rules on the submission of financial statements and general information sheets and for failure to pay the corresponding fines for the violations committed.
[DatePublished] => 2003-07-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 207473 [Title] => SEC drafts rules on club membership fees [Summary] => To keep a tighter lid on the operations of membership clubs, the Securities and Exchange Commission (SEC) is drafting guidelines on the collection of dues from leisure club members to ensure the protection of the investing public.

Among the measures that the SEC is looking at will require exclusive recreational and sports clubs to place in escrow proceeds from the sale of their club shares.

An SEC committee looking into the operations of leisure clubs said fund withdrawals can only be made upon presentation of the company’s work progress report.
[DatePublished] => 2003-05-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 196717 [Title] => SEC to revoke licenses of 4 inactive firms [Summary] => The Securities and Exchange Commission plans to revoke the licenses of four inactive listed firms from selling securities to the public for violation of securities rules and law.

The four firms are Land Oil Resources Corp., AGP Industrial Corp., Wellex Industries Inc., and Wise Holdings Inc. The SEC, however, refused to name the violations committed by these companies.

Another company in hot water is Lodestar Mining Corp. which has remained inoperational for the past five years.
[DatePublished] => 2003-02-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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