January 24, 2020
SEC ADMIN. CASE NO. 05-12-154
IN THE MATTER OF: PINOYJENZ FINANCING CORPORATION
ENFORCEMENT AND PROSECUTION DEPARTMENT, petitioner.
FOR : Revocation of Corporate Registration
DECISION
For consideration of the Commission En Banc is the Petition 1 (For Revocation of Certificate of Registration) filed by the Enforcement and Prosecution Department (EPD), now Enforcement and Investor Protection Department (Petitioner EIPD), against Respondent Pinoyjenz Financing Corporation (Respondent PFC), praying that Respondent PFC's Certificate of Corporate Registration be revoked for violation of Section 6, paragraph (i) [6] of Presidential Decree No. 902-A. 2
THE PARTIES
Petitioner EIPD is one of the operating departments of the Securities and Exchange Commission (Commission) tasked, among others, to ensure compliance by corporations and partnerships, market participants, issuers, broker-dealers or individuals; and to initiate/carry out appropriate enforcement/legal action against them for violation of the laws, rules and regulations implemented by the Commission. Petitioner EIPD is also vested with the primary authority to conduct investigations and administrative actions, motu proprio or upon complaint or referral, involving, among others, the sale, offer for sale of unregistered securities by entities who do...
