Cease and desist orders issued by SEC vs six firms

By Earl John Alfaro

Jun 26, 2024 12:38 am

THE Securities and Exchange Commission (SEC) has ordered six financial and lending institutions to cease operations for failing to comply with the agency's requirements in accordance with the Financial Products and Services Consumer Protection Act.

The regulator said that 9F Lending Philippines Inc. failed to submit its impact evaluation report before January 15 starting last year.

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