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Securities and Exchange Commission

Year 1936Regulated by Government

The Securities and Exchange Commission (SEC) or the Commission is the national government regulatory agency charged with supervision over the corporate sector, the capital market participants, and the securities and investment instruments market, and the protection of the investing public. Created on October 26, 1936 by Commonwealth Act (CA) 83 also known as The Securities Act, the Commission was tasked to regulate the sale and registration of securities, exchanges, brokers, dealers and salesmen.

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Danger Blacklist
Disclosure summary
  • Disclosure matching Website matching
  • Disclosure time 2024-01-12
  • Reason for punishment Based on the reports and information gathered by the Commission, TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD. and a certain “ARNEL SALIGUMBA” are soliciting investments from the public.
Disclosure details

TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD. is NOT REGISTERED as a Corporation or a Partnership with the Commission

Based on the reports and information gathered by the Commission, TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD. and a certain “ARNEL SALIGUMBA” are soliciting investments from the public. As posted online, TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD. is offering investments to the public for a minimum amount of $100.00 up to $3,000.00. Investors may earn 21% monthly for 90 days or 24% monthly for 180 daysdepending on their subscription plan. An investor can also earn from 15% referral bonusand Titan Partners Reward 2% up to 10%. TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD. allegedly earns through bot trading or staking. In this regard, the public is being made aware that an “investment contract,” a kind of security exists when there is an investment or placement of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others which is prominent in the scheme of TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD. As such, the Securities Regulation Code (SRC) requires that said offer and sale of securities must be duly registered with the Commission and that the concerned entity and/or its agents should have the appropriate registration and/or license to sell such securities to the public. Based on the Commission’s database, TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD. is NOT REGISTERED as a Corporation or a Partnership with the Commission. Likewise, TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD. has not secured prior registration and/or license to solicit investments from the Commission prescribed under Section 8 and 28 of the Securities Regulation Code (SRC). Further, the scheme employed by TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD., has the characteristics of a “Ponzi Scheme” where monies from new investors are used in paying “fake profits” to prior investors and is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors. The offering and selling of securities in the form of investment contracts using the “Ponzi Scheme” which is fraudulent and unsustainable, is NOT a registrable security. The Commission will not issue a License to Sell Securities to the Public to persons or entities that are engaged in this business or scheme. Moreover, R.A. No. 11765 or the Financial Products and Services Consumer Protection Act (FCPA) prohibits the commission of “Investment fraud”, defined as anyform of deceptive solicitation of investments from the public which includes Ponzischemes and such other schemes involving the promise or offer of profits or returnssourced from the investments or contributions made by the investors themselves and the offering or selling of investment schemes to the public without a license or permit from the SEC. In view thereof, the public is hereby advised NOT TO INVEST or to STOP INVESTING in the investment scheme being offered by TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD., and its representatives. Those who act as salesmen, brokers, dealers, agents, representatives, promoters, recruiters, uplines, influencers, endorsers, abetters, and enablers of TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD., in selling or convincing people to invest in the investment scheme being offered by the said entity including soliciting investments or recruiting investors through the internet may be held criminally liable under Section 11 of the FCPA and Section 28 of the SRC which are both penalized separately with a maximum fine of Five Million Pesos (Php5,000,000.00) or imprisonment of Twenty One (21) years or both pursuant to Section 73 of the SRC (SEC vs. Oudine Santos, G.R. No. 195542, 19 March 2014). Furthermore, the names of all those involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be correspondingly assessed. Should you have any information regarding the operation of TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD., and its representatives, please send your report through email at epd@sec.gov.ph. For the information and guidance of the public. Makati City, 11 January 202
Annex
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Danger

2024-03-14

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