The Securities and Exchange Commission (SEC) is urging micro, small and medium enterprises (MSMEs) to raise funds from the capital market.
The SEC said MSMEs can tap the capital market, including crowdfunding platforms, to raise funds for business expansion.
In the Philippines, crowdfunding is regulated by the SEC under SEC Memorandum Circular No. 14, Series of 2019.
Currently, three crowdfunding intermediaries are registered with the SEC, namely Investree Philippines, SeedIn Technology Inc. and Eastern Securities Development Corporation (Round One).
This story was originally published on The PhilStar Global. Written by Iris Conzales
Read more: MSMEs urged to tap capital market (msn.com)
