The Securities and Exchange Commission (SEC) is planning to allow corporations to file certain amendment applications without submitting physical documents, as part of efforts to streamline regulatory processes and support digitalization.
Corporations may now file amendments to their articles of incorporation (AoI) or by-laws online, as the Securities and Exchange Commission (SEC) continues to launch new digital systems that will streamline and automate its processes.
The IPOPHL is pushing for 17 priority amendments, one of which is the granting of the power to the agency to take down websites with infringing material.
