SEC reforms boost biz setup despite dip in new firm count

The Securities and Exchange Commission (SEC) reported 43,185 new corporate registrations as of the end of October, reflecting sustained entrepreneurial activity despite a slight dip from the previous year.

- By JAMES A. LOYOLA

According to the SEC, the figure is 5.4 percent lower than the 45,624 registrations recorded during the same period in 2024.

The SEC, however, noted that the numbers “indicate sustained entrepreneurial activity across the country,” supported by continued regulatory reforms and a more business-friendly environment.

Of the new entities, 30,671 were stock corporations, 10,117 were non-stock corporations, and 2,397 were partnerships.