SEC Building (GOV.PH)
The Securities and Exchange Commission (SEC) today filed a case against EmGoldex, Global Intergold, and Prosperous Infinite Philippines Holdings, Corp. for selling unregistered securities to the public without a license, violating Section 8 and 28 of the Securities and Regulation Code respectively. This followed a cease and desist order filed by the SEC yesterday.
While the investigation is ongoing, the Commission warns the public about an upcoming event hosted by said companies. The event will be held in the SMX Convention Center on Sunday, November 8, at 5:00 p.m. Two thousand people are expected to attend the event.
[Read the full release for more details]
– From the Securities and Exchange Commission
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