SEC grants discounts to non-compliant firms

By Earl John Alfaro

Sep 03, 2024 12:18 am

THE Securities and Exchange Commission (SEC) has issued Memorandum Circular 13 Series of 2024, or the Enhanced Compliance Incentive Plan (ECIP), granting non-compliant corporations an incentive to restore their good standing.

This follows the agency's amnesty program that it implemented last year.

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