The Securities and Exchange Commission (Filipino: Komisyon sa mga Panagot at Palitan, commonly known as SEC) is the agency of the Government of the Philippines charged with the registration and supervision of corporations and securities, as well as capital market institutions and participants, in the Philippines. As such, the Commission champions investor protection in the Philippines, as part of its mandate.
An agency under the Department of Finance, the SEC is headquartered at 7907 Makati Avenue, Barangay Bel-Air, Makati City. It has nine extension offices located in Baguio, Tarlac, Legazpi, Iloilo, Bacolod, Cebu, Cagayan de Oro, Davao and Zamboanga.
The major functions of the SEC include the registration and supervision of corporations, including financing and lending companies. It is also charged with the registration of securities, analysis of every registered security, and the evaluation of the financial condition and operations of applicants for security issue. The SEC is among the few securities commissions in the world that simultaneously acts as a corporate registrar and a securities regulator. Such a dual role allows the Commission a comprehensive view of the business and investment landscape, and for a more coordinated and enabling regulatory environment.
Interestingly, SEC has vacancies available until August 13, 2022.
- Supervising Securities Review Counsel (SG22/Php 79,024 Monthly Salary)
- (2) Securities Counsel II (SG20/Php 69,019 Monthly Salary)
- (4) SEC Chief Counsel (SG23/Php 84,551 Monthly Salary)
- Securities Specialist II (SG18/Php 60,286 Monthly Salary)
- SEC Administrative Officer III (SG16/Php 52,654 Monthly Salary)
- SEC Administrative Officer II (SG14/Php 45,990 Monthly Salary)
Source: Philippine Go