SEC shuts down 6 lending companies

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Defining the News

The Securities and Exchange Commission said Tuesday it issued cease-and-desist order against six financing and lending companies which are not compliant with the rules and regulations of the commission.

It said the order was issued pursuant to the Republic Act No. 11765, or the Financial Consumer Products and Services Consumer Protection Act. It said these rules include submission of an official e-mail and contact number, disclosure of advertisements and reporting of online lending platforms, registration with the Credit Information Corp. and submission of the list of third-party service providers.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 20. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités