SEC reaches the academe on the “New Business License Requirements”

Securities and Exchange Commission officer-in-charge Atty. Annabelle Coral-Respall lectured before the Franchising (FRAN), Professional Salesmanship (PROPAN), Marketing Management (MARMAN) and Business Communication (BUSCOM) classes at the University Audio-Visual Room on September 12, 2019. The lecture aimed to raise awareness and knowledge among students that it is part of the Congress’ plan to restore the public confidence in the market. The Securities and Exchange Commission (SEC) was created by the Securities and Exchange Act of 1934 in the wake of the Great Depression. As a government agency, it is responsible for regulating the securities industry in the country. In addition to its regulatory functions, the SEC also maintains the businesses or companies’ registers and helps protect investors and maintain orderly markets that are fair and efficient for all. Atty. Respall discussed that SEC responsibilities include interpreting and enforcing federal securities laws, issuing new rules and amending existing rules, overseeing the inspection of securities firms, brokers, investment advisors, and rating agencies, overseeing private regulatory organizations in the securities, accounting, and auditing fields and coordinating US securities regulation with federal, state, and foreign authorities. Atty. Respall is a recipient of the Degree of Bachelor of Laws in the University of Negros Occidental-Recoletos and became a lawyer after passing the 2003 BAR Examination. She joined the 1^st National Inter-Recoletos Oratorical contest hosted by San Sebastian College, Manila and won 1^st place. A graduate of Bachelor of Arts major in Political Science-UNO-Recoletos and a Cum Laude graduate vested with the Orator of the Year Award. She made a serious involvement in reproductive health advocacy ushered her way for a scholarship grant as a participant to the XIII World Aids Conference in Durban, South Africa and one of the GATES-PACKARD fellows in the United States of America in 2002 for a professors’ training in the University of California in San Francisco and Berkeley campuses. It was a program on leadership and advocacy on family planning. She also participated in the Enforcement and Litigation Seminar in Sri Lanka on issues like Financial Fraud Investigation and Cross-border Cases in 2018. The Securities and Exchange Commission lecture was organized by Doctors John Clifford Salugsugan and Nieves Hibaler-Pepito. (By Dr. Nieves Pepito)