SEC cuts fees for corporate document requests by 50%

THE SECURITIES and Exchange Commission (SEC) is reducing the fees and charges for requests for corporate documents by 50% starting July 1, allowing for greater access to data and boosting investor protection.

- Revin Mikhael D. Ochave Reporter

SEC Memorandum Circular No. 6 set lower fees and charges for the requests of physical and digital copies of documents filed by registered entities with the commission.

“The commission is committed to implementing a fair and sustainable pricing mechanism to allow for greater access to corporate data, while avoiding undue financial burden to the corporate sector and the general public,” SEC Chairperson Francisco Ed. Lim said in the circular.

“The commission recognizes that equitable access to essential corporate information is supportive of economic growth and the protection of the inter-ests of investors, creditors, and stakeholders,” he added.

Starting July 1, the SEC will charge P1,000 each for the physical and authenticated copies of company filings, 50% lower than the previous rate of P2,000.