As 2025 draws to a close, the Securities and Exchange Commission (SEC) looks back on the milestones that marked its 89th year, and looks ahead to another year of achievements that will further advance its vision for the Philippine capital market and corporate sector. As Chairperson Francis Lim emphasized during the 89th SEC Anniversary and Stakeholders’ Night, held on 5 December 2025 at The SEC Heaquarters in Makati City: “The SEC’s strength lies not in its mandate alone, but in the community th

The Securities and Exchange Commission (SEC) has raised the financial threshold for corporations required to submit audited financial statements. The reform is designed to ease compliance burdens on micro enterprises while preserving strong investor and regulatory protections. The Commission’s authority to issue the new rules is grounded on Section 68 of the Securities Regulation Code (SRC), in relation to Section 5 thereof, which empowers the SEC to formulate, amend, or repeal accounting and re

The Securities Exchange Commission (SEC) proposed rule on climate disclosure is good for small investors—especially retirement savers—who need standardized and reliable information to better protect their life savings. In fact, 97% of the investors who submitted comment letters to the SEC support the proposed climate disclosure rule. | Americans for Financial Reform