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SEC warns investors against ‘boiler room’ tactics

Summary by Inquirer

MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned against another company for supposedly soliciting investments from the public without the necessary permit and employing “boiler room” tactics. In a May 26 advisory, the corporate watchdog said employees of BMJ Data Processing Services allegedly promised easy money. They did this through a cryptocurrency […]...Keep on reading: SEC warns investors against ‘boiler room’ …

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SEC warns investors against ‘boiler room’ tactics

MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned against another company for supposedly soliciting investments from the public without the necessary permit and employing “boiler room” tactics. In a May 26 advisory, the corporate watchdog said employees of BMJ Data Processing Services allegedly promised easy money. They did this through a cryptocurrency […]...Keep on reading: SEC warns investors against ‘boiler room’ …

18 hours ago·Manila, Philippines

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Inquirer broke the news in Manila, Philippines 18 hours ago on Friday, June 6, 2025.

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