The Securities and Exchange Commission (SEC) is a government agency in the Philippines responsible for regulating the securities industry and protecting investors. The SEC is responsible for enforcing the laws and regulations governing the securities market, including the registration and regulation of securities, investment companies, and intermediaries such as stockbrokers.
The SEC also has the power to approve or reject the issuance of securities and to suspend or revoke the registration of securities that have been found to be fraudulent or otherwise violative of securities laws. The SEC also investigates possible violations of securities laws, and can bring administrative, civil, or criminal charges against violators.
In addition to its enforcement and regulatory role, the SEC also provides information to the public on the securities market, and offers educational resources to help investors make informed investment decisions.
Overall, the SEC plays an important role in maintaining the integrity and transparency of the securities market in the Philippines, and in protecting the rights and interests of investors.