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Regulator Performance Overview
510
85
90
0
0
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
Public registers (EDGAR/IAPD)
Tier 1 (securities)
Broker-dealer; investment adviser
Varies; FINRA and SEC registration fees
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
This regulator shows excellent performance with an overall score of 85.
Strongest performance in License Value
Transparency Level: Public registers (EDGAR/IAPD)
Global Tier: Tier 1 (securities)
Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Government-regulated
Per local law; typical sanctions
Philippines
USA
Per local law; typical sanctions
Not applicable for retail OTC-FX; see CFTC/NFA
Online portal available (https://adviserinfo.sec.gov/)
SEC Tips/Complaints/Referral
1:50
Information not available
Contact regulator for details
International Organization of Securities Commissions
Member of the global body that brings together the world's securities regulators
Access to international regulatory standards, cooperation frameworks, and best practices
Financial Action Task Force
Member of the inter-governmental body that sets standards for combating money laundering
Commitment to international standards for anti-money laundering and counter-terrorism financing
Effectiveness of regulatory framework and enforcement
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
As the national regulatory body overseeing corporate governance, capital markets, securities trading, and investor protection, the Securities and Exchange Commission (SEC) already had its work cut out for it. The SEC was officially established on October 26, 1936, through Commonwealth Act (CA) 83, known as the Securities Act.
The initial mandate of the Commission was primarily to regulate the registration of, and sale of, securities; to supervise exchanges, brokers, dealers, and salespeople; and to promote fair practices within the growing investment market in the country.
Over the years, the role of the SEC has significantly expanded as new legislation was crafted to spur investments and enhance public participation in corporate activities, which in turn lessened the regulatory function of the SEC.
Today, the SEC is a vital institution in regulating the corporate and capital markets in the Philippines, promoting good governance, investor protection, and the equitable distribution of wealth.
Brokers authorized and regulated by this authority
Hong Kong
United StatesUnited States+4 more licenses
United KingdomHong KongUnited StatesHong KongUnited KingdomUnited States+2 more licensesUnited StatesUnited StatesUnited States+3 more licensesUnited States
PhilippinesUnited States+1 more licensesUnited KingdomUnited States
Australia+3 more licensesHong KongUnited StatesUnited StatesHong Kong
SwitzerlandUnited Kingdom+4 more licensesHong Kong
SingaporeHong Kong+1 more licensesUnited KingdomUnited StatesUnited States+1 more licenses
South KoreaUnited States
Bahrain+2 more licensesUnited StatesUnited States
