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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 249234 [Title] => SEC foils unlicensed investment scheme [Summary] => The Securities and Exchange Commission (SEC) has stopped Good Harvest Orchards Marketing Corp. from further offering securities to the public until a registration statement is duly filed with and approved by the agency.
An investigation conducted by the SEC showed that Good Harvest was selling investment contracts to the public without the necessary license, in violation of the Securities Regulation Code (SRC).
Under the SRC, no securities can be sold to the public without prior registration with the SEC.
[DatePublished] => 2004-05-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | May 8, 2004 - 12:00am
Recommended
The Philippines and China have committed to strengthen the fight against transnational crimes as the Marcos administration sustains its campaign to dismantle illegal offshore gambling hubs in the country.
11 hours ago
Seven suspected members of a human trafficking ring said to be organized by Chinese and Russian crime groups were arrested in Quezon City and Parañaque, the National Bureau of Investigation reported on Monday.
11 hours ago
The video images show horrific scenes of torture: in one case, a naked, handcuffed man cowered under a bed as he was electrocuted.
11 hours ago
The Presidential Anti-Organized Crime Commission filed complaints before the Department of Justice against two Chinese citizens in connection with the raided Philippine offshore gaming operator hub in Porac, Pampanga.
16 hours ago
The Office of the Solicitor General will file a quo warranto petition against Bamban, Tarlac Mayor Alice Guo this month.
17 hours ago
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February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66