+ Follow ROSALIE IGNACIO Tag
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[ArticleID] => 187000
[Title] => Glasgow: SEC scores a first
[Summary] => The Securities and Exchange Commission (SEC) recently marked a first in its ongoing campaign to clean up the domestic small investments industry with the successful conclusion of the issues involving Glasgow Credit and Collection Services.
The SEC is currently overseeing the payment of close to P700 million to creditors of Glasgow following SECs move to lift the freeze order on the liquid assets of the firm deposited in five banks.
[DatePublished] => 2002-12-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[1] => Array
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[ArticleID] => 186299
[Title] => SEC lauded on handling of Glasgow claims
[Summary] => The Securities and Exchange Commission (SEC) was recently hailed by creditors of Glasgow Credit and Collection Services, Inc. for ordering the unfreezing of the funds of the firm resulting in the early settlement of their claims with the firm.
The SEC asked the Anti-Money Laundering Council (AMLC) last week to unfreeze the bank accounts of the firm. Some 9,000 creditors of Glasgow Credit and Collection Services, Inc. also started receiving last week payments for close to 80 percent of the firms outstanding obligations.
[DatePublished] => 2002-12-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[AuthorName] =>
[SectionName] => Business
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ROSALIE IGNACIO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 187000
[Title] => Glasgow: SEC scores a first
[Summary] => The Securities and Exchange Commission (SEC) recently marked a first in its ongoing campaign to clean up the domestic small investments industry with the successful conclusion of the issues involving Glasgow Credit and Collection Services.
The SEC is currently overseeing the payment of close to P700 million to creditors of Glasgow following SECs move to lift the freeze order on the liquid assets of the firm deposited in five banks.
[DatePublished] => 2002-12-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 186299
[Title] => SEC lauded on handling of Glasgow claims
[Summary] => The Securities and Exchange Commission (SEC) was recently hailed by creditors of Glasgow Credit and Collection Services, Inc. for ordering the unfreezing of the funds of the firm resulting in the early settlement of their claims with the firm.
The SEC asked the Anti-Money Laundering Council (AMLC) last week to unfreeze the bank accounts of the firm. Some 9,000 creditors of Glasgow Credit and Collection Services, Inc. also started receiving last week payments for close to 80 percent of the firms outstanding obligations.
[DatePublished] => 2002-12-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 8, 2002 - 12:00am
December 2, 2002 - 12:00am