CAGAYAN DE ORO CITY (PIA)--The Securities and Exchange Commission (SEC) is giving corporations, partnerships, and individuals under its supervision until November 11, 2021 to designate and submit their official email addresses and mobile phone numbers.

Compliance of the said form can be filed through email submissions to lessen the face-to-face interactions. Corporations, partnerships and individuals registered with the SEC may download the forms referred to as Annex D – G from the SEC website (sec.gov.ph) and send to the following emails: MC28_S2020@sec.gov.ph and sec-cdoeo@sec.gov.ph.

The  submission  shall  include  the  complete  name  of  the  corporation,  association, partnership,  or  person;  SEC  registration  number  or  identification  number; and their duly authorized representative.

The  email  addresses  and mobile phone  numbers  shall  be  under  the  control  of  the corporate secretary, the person charged with the administration and management of the  corporation  sole,  the  resident  agent  of  the  foreign  corporation,  the  managing partners, the individual, or the duly authorized representative.

The submission shall be accompanied by a duly signed authorization or certification, which shall state that the corporation, partnership or person allows the SEC to send communications through the email addresses and mobile phone numbers provided for the purpose of complying with the notice requirement of administrative due process.

The authorization or certification must be signed by the corporate secretary, managing partner,  resident  agent  or  the  duly  authorized  representative  of  the  corporation, partnership or individual registered with the SEC.

“We are really alarmed with the low compliance rate and we hope that corporations and all other entities registered with the Commission will comply with the said requirement. Such compliance will only benefit the corporation as it will serve as a tool for communication to the various updates and notices which concern the corporations.” Lawyer Frederick A. Enopia, Officer-in-Charge, SEC-CDOEO said in a statement.

Failure to comply with the said memorandum circular will result in a penalty for the corporation in the amount of P10, 000.00. This MC28 submission is also a requirement in the Online Submission Tool (OST) enrollment, hence, directing all corporations and entities to comply immediately.

Newly  registered  corporations,  meanwhile,  must  designate  and  submit  their  official and  alternate  email  addresses  and  mobile  phone  numbers  within  30  days  from  the issuance of their certificates of registration, license or authority.

For  inquiries  and  other  concerns,  the  public  may  reach  the Extension Office during its office hours from Monday to Friday at 9:00 a.m. until 4:00 p.m.. The EO is accessible as well through landline at (088) 327-3309 or via email at sec-cdoeo@sec.gov.ph.

The  public  is  advised  to  monitor  the  SEC  website  at www.sec.gov.ph and  official Facebook page at www.facebook.com/PhilippineSEC for more information and updates. (SEC-10/PIA-10)