In re Legacy GS Fund, Inc.
SEC-CFD Order No. 010-08 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Jan 29, 2008
Full text
January 29, 2008 SEC-CFD ORDER NO. 010-08 IN THE MATTER OF LEGACY GS FUND, INC. VIOLATION OF SECTION 17.1 OF THE SECURITIES REGULATION C OD E O R D E R LEGACY GS FUND, INC. having violated Section 17.1 of the Securities Regulation Code for filing its 2006 Annual Report (SEC Form 17-A) for the year ended December 31, 2006 only on December 28, 2007, was assessed an additional daily penalty of One Hundred Forty Thousand Pesos (P140,000.00) 1 which it paid on January 28, 2008 under Official Receipt Number 0135485. By this Order, the company is warned that, henceforth, it shall endeavor to take such measures that will ensure faithful compliance with its reportorial obligations. Otherwise, the Commission shall impose a heavier penalty upon the corporation and/or its responsible officers as warranted under SEC Memorandum Circular No. 6, Series of 2005 (Consolidated Scale of Fines). SO ORDERED. EDSA, Greenhills, Mandaluyong City, Philippines, January 29, 2008. (SGD.) JUSTINA F. CALLANGAN Director Footnotes 1. Computed from August 10 to December 27, 2007.
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