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Insider trading, investment scams and abusive traders

The last time I checked, regulators have yet to come out with its report on the P48-billion budget overrun of telco giant PLDT, although initial findings say there are no indications of fraudulent transactions. ....

Pasig City , City Of Pasig , Johnny Yap , Saturnino Baladjay , World Resources Corp , Exchange Commission , Solar Securities Inc , Lending Companies , Pasig City Regional Trial Court Branch , Philippine Stock Exchange , Republic Act , Securities Regulation Code , Best World Resources , Solar Securities , Unfair Debt Collection Practices ,

Court orders arrest of broker in 20-yr old stock scandal


Published May 24, 2021, 3:53 PM
After more than 20 years, the Securities and Exchange Commission (SEC) has finally secured the conviction of a stock broker involved the manipulation of the price of Best World Resources Corporation (BW) that started in October 1998.
In a statement, the SEC said it has secured a fifth conviction under the Securities Regulation Code (SRC) after a regional trial court ruled that the president of a brokerage manipulated the market in illegal trade transactions involving stocks of then listed firm BW.  
 In a decision dated May 7, the Pasig City Regional Trial Court Branch 67 found Johnny S. Yap of Solar Securities Inc. guilty beyond reasonable doubt of violation of Section 26(a)(I)(1) of the Revised Securities Act, now Section 24.1(a)(i) of the SRC.  ....

Pasig City , City Of Pasig , Johnnys Yap , Saturnino Baladjay , Solar Securities Inc , Exchange Commission , World Resources Corporation , Wa Special Operations Group , Pasig City Regional Trial Court Branch , Best World Resources Corporation , Securities Regulation Code , Solar Securities , Revised Securities Act , Special Operations Group , Solar Securitie , பரிமாற்றம் தரகு , பத்திரங்கள் ஒழுங்குமுறை குறியீடு , சிறப்பு செயல்பாடுகள் குழு ,