Philippine SEC Orders XM to Stop Soliciting Investments, Freezes Assets
The Philippines’ Securities and Exchange Commission has ordered Trading Point Holdings Ltd, which operates under the XM brand, to immediately stop soliciting investments, saying it was offering products to the public without the required registrations and licenses. In a cease-and-desist order, the regulator directed Trading… Read More
Read more in: Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged Online Securities, Philippines, sec, Trading Point Holdings Ltd, XM