SEC revokes Mount Peak broker-dealer license

MANILA, Philippines — The Securities and Exchange Commission (SEC) has revoked the broker-dealer license of Mount Peak Securities Inc. and slapped the firm with P17.25 million in penalties following the discovery of multiple regulatory violations and fraudulent financial reporting practices. The SEC said its Markets and Securities Regulation Department (MSRD) canceled Mount Peak’s registration as a […]... Keep on reading: SEC revokes Mount Peak broker-dealer license

Original source: Philippine Daily Inquirer