SEC moves to impose term limits on broker-directors
The Securities and Exchange Commission has proposed term limits for broker-directors serving on exchange boards, aiming to strengthen governance, enhance…
· 2 MIN READ
Rogelio V. Quevedo
Latest
MSMEs still driving corporate growth
New registrations bring the total number of active companies to 584,324 as of 31 December 2025.
· 2 MIN READ
From boardrooms to climate accountability: SEC’s role
The SEC is not an environmental regulator. It does not set emissions caps. But climate change is now a financial and governance risk.
· 2 MIN READ
SEC rolls out 2026 Rules of Procedure: A faster and stronger regime
Motions to dismiss are now generally prohibited, except on four limited grounds: lack of jurisdiction of the SEC, prescription, litis pendentia, and res…
· 2 MIN READ
SEC’s HARBOR and the new age of corporate transparency
One of the most significant reforms under MC 15 is the lowering of the beneficial ownership threshold.
· 2 MIN READ
Term limits and the myth of perpetual independence
The SEC’s authority to regulate independent directors is firmly anchored in Section 22 of Republic Act 11232, or the Revised Corporation Code of the…
· 2 MIN READ
SEC eases audit burden on micro businesses
Inflation, rising operating costs, and changes in the scale of even the smallest enterprises have rendered the old threshold increasingly unrealistic.
· 2 MIN READ
Rethinking independent directors’ tenure
Concerns over independence are further amplified by the growing demand for seasoned independent directors, many of whom serve on multiple boards across…
· 3 MIN READ
Interest rate caps for small, short-term loans
The SEC issues Memorandum Circular 14, Series of 2025, capping interest, penalties, and total costs for small, short-term consumer loans to protect borrowers…
· 2 MIN READ