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SEC permanently bars 3 illegal lenders

The Securities and Exchange Commission (SEC) has issued orders making permanent its cease and desist order against online lending operators Skymart, Withu, and Spendcash. In separate resolutions, the Commission En Banc denied the respective motions filed by Skymart, Withu and Spendcash for the lif

SEC orders 8 online lenders to halt ops due to lack of licenses

SEC orders 8 firms to stop illegal lending operations

The Securities and Exchange Commission (SEC) has ordered eight online lending operators to stop conducting lending activities without the necessary license as it continues its crackdown against illegal lenders. In an order, the Commission En Banc directed CashWill, PesoBee, Peso T-Safe Online Cash,

SEC orders 8 more illegal lenders to stop operation

THE Securities and Exchange Commission (SEC) has ordered eight more online lending operators to stop conducting lending activities without the necessary license. In an order issued last February 8, the SEC ordered the companies that operates CashWill, PesoBee, Peso T-Safe Online Cash, RushLoan, SkyMart, SpendCash, Tapa and WithU, to immediately…

SEC issues halt order versus eight illegal online lenders

SEC issues halt order versus eight illegal online lenders
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