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                    [ArticleID] => 185365
                    [Title] => SEC fines Glasgow P13.5M
                    [Summary] => The Securities and Exchange Commission (SEC) has imposed a P13.5-million fine on  Glasgow Collection and Services Inc. for the unauthorizedsale of securities in violation of the Securities Regulation Code (SRC).


SEC officials said Glasgow was willing to settle the fine in exchange for the dropping of charges against the company, its officers and owners.


The SEC earlier said it was considering filing a criminal complaint against Glasgow officers to make them answerable for all the losses incurred by investors.


                    [DatePublished] => 2002-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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GLASGOW COLLECTION AND SERVICES INC

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                    [ArticleID] => 185365
                    [Title] => SEC fines Glasgow P13.5M
                    [Summary] => The Securities and Exchange Commission (SEC) has imposed a P13.5-million fine on  Glasgow Collection and Services Inc. for the unauthorizedsale of securities in violation of the Securities Regulation Code (SRC).


SEC officials said Glasgow was willing to settle the fine in exchange for the dropping of charges against the company, its officers and owners.


The SEC earlier said it was considering filing a criminal complaint against Glasgow officers to make them answerable for all the losses incurred by investors.


                    [DatePublished] => 2002-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [SectionUrl] => business
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SEC fines Glasgow P13.5M

By Zinnia B. Dela Peña | November 25, 2002 - 12:00am

The Securities and Exchange Commission (SEC) has imposed a P13.5-million fine on Glasgow Collection and Services Inc. for the unauthorizedsale of securities in violation of the Securities Regulation Code (SRC). SEC...

Business