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Securities and Exchange Commission

The document provides information about the Securities and Exchange Commission (SEC) of the Philippines. It was created in 1936 to regulate the sale and registration of securities, exchanges, brokers, and dealers. Its vision is to be a premier investor champion and catalyst for a deep, broad, and sustainable capital market. Its mission is to provide a competitive, secure, and sustainable environment for business registration, capital formation, stakeholder participation, business innovation, and strong investor protection. It has powers to regulate corporations, propose legislation, approve registration, investigate/supervise market participants, impose sanctions, and issue rules/regulations to achieve its objectives.

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Riza Mae Ramos Addatu
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118 views

Securities and Exchange Commission

The document provides information about the Securities and Exchange Commission (SEC) of the Philippines. It was created in 1936 to regulate the sale and registration of securities, exchanges, brokers, and dealers. Its vision is to be a premier investor champion and catalyst for a deep, broad, and sustainable capital market. Its mission is to provide a competitive, secure, and sustainable environment for business registration, capital formation, stakeholder participation, business innovation, and strong investor protection. It has powers to regulate corporations, propose legislation, approve registration, investigate/supervise market participants, impose sanctions, and issue rules/regulations to achieve its objectives.

Uploaded by

Riza Mae Ramos Addatu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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KNOW MORE ABOUT THE

SECURIES AND EXCHANGE


COMMISSION
START NOW
INTRODUCTION

The Securities and Exchange Commission (SEC) or the


Commission is the national government regulatory agency
charged with supervision over the corporate sector, the capital
market participants, the securities and investment instruments
market, and the investing public.
Created on October 26, 1936 by
Commonwealth Act (CA) 83
also known as The Securities
Act, the Commission was
tasked to regulate the sale and
registration of securities,
exchanges, brokers, dealers
and salesmen.
VISION
By 2028, the SEC with its driven, competent, agile
and customer-centric team of professionals,
equipped with digital technology and adaptive
registration and data management systems, is
the premier investor champion and catalyst of a
deep, broad, sustainable and informed investor-
based capital market and more empowered
business sector considered among the best in
the Southeast Asian (SEA) Region.
MISSION
We are the gateway to doing business in
the Philippines. We provide a competitive,
secure, and sustainable environment for
fast and easy company registration and
monitoring, efficient capital formation,
broad stakeholders participation,
transformative business innovation, and
strong investor protection.
C O R E V A L U E S

INDEPENDENCE INITIATIVE ACCOUNTABILITY

PROFESSIONALISM INTEGRITY TEAMWORK


POWERS AND FUNCTIONS

The Commission shall have the powers and functions provided


by the Securities Regulation Code, Presidential Decree No. 902-
A, as amended, the Corporation Code, the Investment Houses
Law, the Financing CompanyAct, and other existing laws.
(a) Have jurisdiction and supervision over all
corporations, partnerships, or associations
who are the grantees of primary franchises
and/or a license or permit issued by the
Government;

(b) Formulate policies and recommendations


on issues concerning the securities market,
advise Congress and other government
agencies on all aspects of the securities
market, and propose legislation and
amendments thereto;

(c) Approve, reject, suspend, revoke, or require


amendments to registration statements, and
registration and licensing applications;
(d) Regulate, investigate or supervise the
activities of persons to ensure compliance;

(e) Supervise, monitor, suspend or take over


the activities of exchanges, clearing agencies,
and other SROs;

(f) Impose sanctions forthe violation of laws


and the rules, regulations and orders issued
pursuant thereto;

(g) Prepare, approve, amend or repeal rules,


regulations and orders, and issue opinions and
provide guidance on and supervise
compliance with such rules, regulations and
orders;
(h) Enlist the aid and support of and/or
deputize any and all enforcement agencies
of the Government, civil or military as well
as any private institution, corporation, firm,
association or person in the
implementation of its powers and functions
under this Code;

(i) Issue cease and desist orders to prevent


fraud or injuryto the investing public;

(j) Punish for contempt ofthe Commission,


both direct and indirect, in accordance
with the pertinent provisions ofand
penalties prescribed bythe Rules ofCourt;
(k) Compel the officers ofany registered
corporation or association to call meetings of
stockholders or members thereofunder its
supervision;

(l) Issue subpoena duces tecum and summon


witnesses to appear in any proceedings ofthe
Commission and in appropriate cases,
orderthe examination, search and seizure of
all documents, papers, files and records, tax
returns, and books of accounts ofany entity or
person under investigation as may be
necessary for the proper disposition ofthe
cases before it, subject to the provisions
ofexisting laws;
(m) Suspend, or revoke, after proper
notice and hearing the franchise or
certificate of registration of
corporations, partnerships or
associations, upon any ofthegrounds
provided by law; and

(n) Exercise such other powers as may


be provided by law as well as those
which may be implied from, or which
are necessary or incidental to the
carrying out of, the express powers
granted the Commission to achieve the
objectives and purposes of these laws.
ORGANIZATIONAL
STRUCTURE
THANK
YOU!

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