Securities and Exchange Commission – Philippines

The Securities and Exchange Commission (SEC) of the Philippines is the national regulatory body tasked with overseeing the corporate sector, capital market participants, and securities and investment instruments market in the Philippines. Established on October 26, 1936, by Commonwealth Act No. 83, the SEC aims to foster a fair, efficient, and transparent financial market environment.

Key Functions and Responsibilities

• Regulatory Oversight: The SEC supervises and regulates various financial entities including corporations, partnerships, and associations, ensuring compliance with the Securities Regulation Code and other relevant laws.
• Market Surveillance: The SEC monitors financial markets to prevent fraud and enforce compliance, maintaining the integrity of market transactions.
• Consumer Protection: A significant function of the SEC is to protect investors by ensuring they have access to accurate and timely information and by promoting fair practices in the financial markets.