SEC cuts penalties for ‘delinquent’ firms

MANILA: The Securities and Exchange Commission (SEC) issued a new memorandum circular (MC) that will allow firms with ‘delinquent’ status to restore their good standing.

In a statement Monday, SEC said it launched the Enhanced Compliance Incentive Pl…

SEC cuts penalties for ‘delinquent’ firms

MANILA: The Securities and Exchange Commission (SEC) issued a new memorandum circular (MC) that will allow firms with ‘delinquent’ status to restore their good standing.

In a statement Monday, SEC said it launched the Enhanced Compliance Incentive Pl…