In re Pinoyjenz Financing Corp.

January 24, 2020SEC ADMIN. CASE NO. 05-12-154IN THE MATTER OF: PINOYJENZ FINANCING CORPORATIONENFORCEMENT AND PROSECUTION DEPARTMENT, petitioner.FOR : Revocation of Corporate RegistrationDECISIONFor 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 PARTIESPetitioner 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...