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+ Follow FIRST RESOURCES MANAGEMENT AND SECURITIES CORP Tag
FIRST RESOURCES MANAGEMENT AND SECURITIES CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 702670
                    [Title] => SEC thumbs down PSE bid to recall P1-M fine
                    [Summary] => 

The Securities and Exchange Commission (SEC) has thumbed down the Philippine Stock Exchange’s request to reconsider its decision to impose a P1 million fine on the bourse.

[DatePublished] => 2011-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 695871 [Title] => SEC stands pat on Nomelec rules [Summary] =>

The Philippine Stock Exchange (PSE) has maintained that its Nominations and Elections Committee (Nomelec) committed no wrongdoing and that the matter regarding the board elections was a “question of interpretation.”

[DatePublished] => 2011-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 370924 [Title] => GSIS earns P16.5B from stock trades [Summary] => Buoyed by the strong performance of the stock market, the state-run Government Service Insurance System (GSIS) booked P16.5 billion in gains from the capital market in the first 10 months of the year, more than six times the P2.4 billion registered the previous year.

The stock exchange has been on a bull run for the past weeks as a result of renewed investor interest in the country given the stable fiscal condition, robust remittances from overseas Filipino workers, low interest rates, and a stronger peso.
[DatePublished] => 2006-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 260985 [Title] => Getting the waiter’s attention [Summary] => Customs Commissioner Antonio Bernardo is currently on a two-week leave after his resignation was accepted by President Macapagal-Arroyo last Wednesday.

There’s talk that Tony Bernardo is in the short list for the successor of Securities and Exchange Commission chairman Lilia Bautista.
[DatePublished] => 2004-08-12 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey  [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 260731 [Title] => One happy ‘ex-president-to-be’ [Summary] => Did you know 1: The First Resources Management and Securities Corp. founder Vivian Yuchengco has been back in town for at least a week and is unusually quiet, considering that so-called friend and chairman of the Securities and Exchange Commission Lilia Bautista gave the go-signal for an SEC team to visit the office of First Resources and to look at its first quarter stock markets transactions only last month.
[DatePublished] => 2004-08-10 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey  [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 260619 [Title] => GSIS’ right to tap single broker defended [Summary] => Stockbrokers have defended the appointment by the Government Service Insurance System (GSIS) of a single broker to buy shares of Manila Electric Co. (Meralco) in the stock exchange.

The stockbrokers were reacting to the decision of the Securities and Exchange Commission (SEC) to investigate the First Resources Management and Securities Corp. after the regulatory body received text messages from unidentified texters alleging that the company was monopolizing the acquisition of Meralco shares on behalf of GSIS from November to December 2003.
[DatePublished] => 2004-08-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 260465 [Title] => PSE squabble triggers investment woes [Summary] => From bulls to boars in the bourse - one of the country’s engines for growth.

This is how the squabble within the Philippine Stock Exchange has transformed the local bourse following disagreements among stockholders and the board over private placements and election issues over who would lead the PSE after its president quit his post.

Unless the board puts its act together, the much-needed reforms the PSE is pursuing to regain investor confidence and perk up the equities market may not be achieved.
[DatePublished] => 2004-08-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 259503 [Title] => Text message can’t be basis for SEC probe — lawmakers [Summary] => Congressmen slammed yesterday the Securities and Exchange Commission (SEC) over its plan to investigate the stock market transactions of a private securities trading company based solely on text messages sent by anonymous texters.
[DatePublished] => 2004-07-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 259380 [Title] => SEC probe based on text messages alarms traders [Summary] => The Securities and Exchange Commission’s decision to conduct an investigation into the business affairs of a private securities trading company based solely on text messages sent by unidentified texters has alarmed the business community and raised questions about the regulatory body’s move.
[DatePublished] => 2004-07-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 99287 [Title] => PSE bucks capital provision in Securities Act [Summary] =>

The Philippine Stock Exchange (PSE) is opposing the inclusion of a capital requirement for brokerage houses under the proposed Securities Act of 200 since it would put small brokers out of business, PSE governor and concurrent CEO of First Resources Management and Securities Corp., Vivian Yuchengco said yesterday.

"Small brokers with small volumes may also be unintentionally put out of business by a capital requirement in the law that is too large for their needs. It is common knowledge that it is the small Filipino brokers that service the middle-class with small savings," Yuc [DatePublished] => 2000-06-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1197311 [AuthorName] => by Jun Ebias [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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