But insider trading is just as bad and dangerous. The way I look at this is that the SEC – at last, one hopes – is finally taking insider trading seriously. But it is a big and bold step when our regulators start looking into possible insider trading cases. We all know that in the history of the Philippine stock market, only a handful of insider trading incidents have actually been flagged and investigated. The post-BW stock market scandal led to the passage of the Securities Regulation Code, which tightened the rules on stock market transactions.

Source: Philippine Star February 04, 2026 16:39 UTC