DAVAO CITY The Securities and Exchange Commission (SEC) has revoked the certificate of authority (CA) of a lending company and warned the public on a dollar investment scheme. Besides revoking its license, the SEC also fined P2 million the Wealth and Personal Development Lending, Inc. and its officers for repeated failure…
SEC revokes license of lending firm philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
The Securities and Exchange Commission (SEC) has issued a memorandum circular that puts a cap on interest rates and other fees imposed by lending and financing companies, and their online lending platforms (OLPs). SEC Memorandum Circular No. 3, Series of 2022 (SEC MC 3), which will take effect on M
THE Securities and Exchange Commission has issued a memorandum circular implementing the cap on interest rates and other fees imposed by lending and financing companies and their online lending platforms (OLPs). SEC Memorandum Circular 3 (series of 2022) provides the guidelines on the implementation of Bangko Sentral ng Pilipinas Circular…