#cease and desist

The Securities and Exchange Commission (SEC) has recently issued a cease and desist order against 19 online lending companies after receiving complaints. In November 7, 2025, the SEC issues a cease and desist order to Trading Point Holdings Limited, also known as XM, XM Global Limited, and XM Philippines. The Securities and Exchange Commission Philippines (SEC) has ordered a cease and desist order on Forsage and Forsage Philippines, stopping the platforms to solicit investments from the public into its crowdfunding platform involved in the Ethereum blockchain technology. Based on the cease and desist issued order by the commission last September 17, Forsage should stop selling investment agreements and cease its internet presence until the requisite permits are duly issued. The Senate has adopted Senate Resolution 395 which urges the National Telecommunications Commission to reconsider its cease and desist order (CDO) against ABS-CBN. According to the resolution, it expresses the sense of the senate "to urge the National Telecommunications Commission (NTC) to reconsider its cease and desist order against ABS-CBN Corporation and to allow the continuous operation of ABS CBN Corporation, its subsidiaries and affiliates ABS-CBN Convergence Inc. • that the cease and desist order against ABS-CBN will impact on 13,000 of its workers, creating joblessness that could not be more ill-timed given the looming economic recession caused by the COVID-19 pandemic. Read more in our articles including "SEC issues cease and desist order against 19 online lending companies" and "SEC issues cease and desist order vs XM Group".