Lending

Another 20 Lending Companies Suspended By SEC

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Lending Companies

SEC Suspends An Addition 20 Lending Companies The Securities Exchange Commission (SEC) has ordered the suspension of another 20 lending companies following the suspension of 84 lending firms. On Friday (April 07, 2017), SEC suspended the operations of additional 20 lending corporations for failing to obtain a Certificate of Authority (CA) to officially operate as … Read more

“5-6” Unlicensed Lending Businesses, Next Government Target

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Unlicensed Lending Businesses

Securities and Exchange Commission (SEC) To Crackdown “5-6” Unlicensed Lending Businesses Unlicensed lending businesses such as “5-6” will be the next government’s target including all the informal lenders without enough legal documents. Securities and Exchange Commission (SEC) will start to implement the crackdown on unlicensed creditors or informal lenders who offer “5-6” which will lend … Read more