SEC Circular on Fines for Late Filing Reports

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SEC-CFD MEMORANDUM CIRCULAR NO. 001: SEC Circular on Fines for Late Filing Reports

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Title Supreme Court: SEC Circular on Fines for Late Filing Reports

Law: Sec-cfd Memorandum Circular No. 001

Decision Date: Mar 28, 2001

The SEC-CFD Memorandum Circular No. 001 establishes a scale of fines for reporting corporations, imposing penalties for late filings of various reports, with escalating fines for repeated offenses within a 12-month period.

scale of

fines

late filing

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