^
+ Follow CATARAN Tag
CATARAN
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 773219
                    [Title] => Lawyers spar over CJ loan
                    [Summary] => 

The defense panel in the impeachment trial of Chief Justice Renato Corona parried the prosecution’s allegation of irregularities in the chief magistrate’s securing P11 million in cash advance from a dissolved firm owned by the family of his wife.

[DatePublished] => 2012-02-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 773051 [Title] => Prosecution presents docs of Corona firm [Summary] =>

 At the start of the hearing today, the prosecution panel presented Benito Cataran, director of the Securities and Exchange Commission (SEC) to testify on a company allegedly owned by the wife of Chief Justice Renato Corona.

Livestream on Corona trial

[DatePublished] => 2012-02-01 14:22:38 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1262583 [AuthorName] => Dennis Carcamo [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 681000 [Title] => The SEC has spoken [Summary] =>

The Securities and Exchange Commission (SEC) recently had the opportunity to remind all and sundry that a corporation’s articles of incorporation as well as its by-laws are not useless pieces of documents.

[DatePublished] => 2011-05-01 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 436316 [Title] => SEC cancels registration of 3-D distributor [Summary] =>

The Securities and Exchange Commission (SEC) has cancelled the certificate of registration of Northern Islands Co., Inc. (NICI) whose corporate life expired on Aug. 6, 2007.

[DatePublished] => 2009-02-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 326149 [Title] => SEC probes 15 foundations for possible fraud [Summary] => The Securities and Exchange Commission (SEC) is investigating around 15 foundations for possible fraud and non-submission of reportorial requirements in violation of the Securities Regulation Code (SRC), according to an SEC official.

However, Hubert Guevara, head of the SEC’s Compliance and Enforcement Department, refused to identify these foundations, but said some are owned by well-known personalities.

Guevara said some foundations use the name of politicians to get on with their illegal solicitation activities.
[DatePublished] => 2006-03-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 290737 [Title] => SEC to crack down on phony foundations [Summary] => The Securities and Exchange Commission (SEC) is drafting new rules to stop fraudulent fundraising schemes and help donors avoid scam artists and phony charities that prey on people’s generosity.

Hubert Guevara, head of the SEC’s Compliance and Enforcement Department, said the agency is tightening its requirements for non-stock, non-profit organizations to curb fly-by-night foundations that have been making a killing in their solicitation activities.
[DatePublished] => 2005-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 236089 [Title] => SEC tightens rules on non-profit organizations [Summary] => In line with efforts to curb fly-by-night foundations, the Securities and Exchange Commission (SEC) has tightened the registration requirements for non-stock, non-profit organizations.

In a circular issued yesterday, the SEC cited the need to ensure that donations are utilized according to the foundations’ purposes as stated in their articles of incorporation.
[DatePublished] => 2004-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 218596 [Title] => SEC threatens to revoke licenses of erring firms [Summary] => The Securities and Exchange Commission has directed corporations that failed to submit reportorial requirements for the past six consecutive years to settle their deficiencies by end-September this year or face the revocation of their registration.

The SEC has called on these delinquent corporations to appear before the agency’s Company Registration and Monitoring Department (CRMD) within 30 days from date of publication of order to show cause why their certificates of registration should not be revoked.
[DatePublished] => 2003-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 214176 [Title] => SEC set to cancel licenses of 240,000 erring firms [Summary] => Tightening its guard against delinquent corporations, the Securities and Exchange Commission is set to cancel the registration certificates of more than 240,000 firms for their failure to comply with the agency’s reportorial requirements.

The companies registered between 1936 to 1995 came under fire from the SEC for chronic violation of the rules on the submission of financial statements and general information sheets and for failure to pay the corresponding fines for the violations committed.
[DatePublished] => 2003-07-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 190170 [Title] => SEC facility to analyze finances of listed firms [Summary] => The Securities and Exchange Commission is setting up an automated facility to analyze the financial condition of registered entities to protect the investing public.

The facility, dubbed as the compliance monitoring and evaluation system, will enable online analytical processing of the financial performance of corporations registered with the SEC.
[DatePublished] => 2003-01-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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