In Sep 23, we wrote about the SEC advisory on PhilCrowd. The crowdfunding group also provided their reply on the said advisory. The good news is, a few months after the said advisory, PhilCrowd was able to secure the SEC certificate of incorporation as Filfund Microfinance Corporation. This then paves the way for the crowdfunding…
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07Mar2019 Update: PhilCrowd gets SEC approval. Read more here. The Philippines’ Securities and Exchange Commission (SEC) issued an advisory on PhilCrowd last September 7, 2018, but it circulated on social media just last week. SEC is the governing body when it comes to companies (all companies must be registered under SEC). Likewise, it also governs…
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23Sep2018 Update: SEC has also issued an advisory on PhilCrowd. Read more here. 29Jul2018 Update: Read comments on FarmOn Cycle 19 Opening for updates on FarmOn SEC registration. 29Jul2018 Update: See comments section below on the SEC registration of Organico and their supposed explanation about the investment license. Still, caveat emptor. ORGANICO Last month, the Securities…
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