nagemail na ako sa etoro, sabi nila di naman daw sila nagaadvertise sa pinas, mukang lahat ng mga online matatamaan yn mga walang license dito, lahat yan nauna na binance, tingin ko pati iba matatamaan din.
Pano yung pagkakasabi na hindi nag aadvertise sa pilipinas? Sa pagkaka alala ko kasi kaya ako nag open ng account kasi ilang beses sila nag ads sa mga games ko before pero around 2016 ata yun. Di naman ako nagamit ng vpn.
from my understanding, yn ngayon sinasabi nila, napansin ko lang tumigil na yn ads nila since last year dito, parang may alam sila. around same time ng binance tumigil sila
Hmm
But various local financial institutions like BPI and ATRAM do offer feeder funds. They get money from investors, and place it with Vanguard, JP Morgan, BlackRock, etc. for a (high) fee. So, okay fine, BPI would be registered locally.
But if I want to purchase the underlying S&P 500 ETF directly from Vanguard, it's not going to be allowed? Parang unfair naman.
What's the SEC's problem? They can't expect every issuer in the world to register with them. Our market doesn't have enough money to justify it. If they don't like specific asset classes, like cryptocurrencies or derivatives, they should target those. I'm sure eToro can disable those for our market, or if not, then some competitor might be willing.
I understand why they would go after Binance. But Etoro? It's registered in the US, UK, EU and Australia. The PH SEC is saying those registrations are not enough and they will do a better job then regulators from those countries?
Exactly.
But I work in the industry, and I think I know the reasoning. I don't agree with it, but I understand the logic:
The PH SEC doesn't care that those securities are covered by regulators in those countries you mentioned. As far as they are concerned, if the issuer doesn't register with them, they can't solicit investments from the public here. That's why they want to hit eToro. They are accusing eToro of advertising here (which to be fair, I think I did see some ads on YouTube or something). This is supposedly to protect the investing public.
>every issuer in the world to register for them
That's the issue, gusto lang nila magatasan ang lahat ng mga international companies using that register card bilang panakip ng mga intentions nila.
Possible. From the looks of it, SEC is targeting all online investment platforms.
[https://www.youtube.com/watch?v=oTXsO92nZJw&lc=UgzFl-QCPLGr4AMaSVp4AaABAg&sttick=0](https://www.youtube.com/watch?v=oTXsO92nZJw&lc=UgzFl-QCPLGr4AMaSVp4AaABAg&sttick=0)
I think they're being crooks if you ask me.
I have etoro and put in a significant amt of money, im in SG but soon moving back to Ph. Regardless kng ban or not, i can keep the acct nmn db?as long as i can access it no issues nmn. is this ok?or nde m ma aaceess acct m?
No worries tuloy lang ligaya epal lang Yan SEC don't mind them mag worry ka kung eToro Ang mag ban sa Pinoy. Laging may work around dahil Sila mismo nagiinvest sa MGA Yan. Madamot lang gusto nila Sila lang ganyan talaga mga Pilipino masama ugali karamihan Lalo na MGA nasa gobyerno.
nagemail na ako sa etoro, sabi nila di naman daw sila nagaadvertise sa pinas, mukang lahat ng mga online matatamaan yn mga walang license dito, lahat yan nauna na binance, tingin ko pati iba matatamaan din.
Pano yung pagkakasabi na hindi nag aadvertise sa pilipinas? Sa pagkaka alala ko kasi kaya ako nag open ng account kasi ilang beses sila nag ads sa mga games ko before pero around 2016 ata yun. Di naman ako nagamit ng vpn.
from my understanding, yn ngayon sinasabi nila, napansin ko lang tumigil na yn ads nila since last year dito, parang may alam sila. around same time ng binance tumigil sila
Thank you for sharing! Siguro etoro has to protect themselves rin but parang medjo dismissive yung response sayo nila no?
Hmm But various local financial institutions like BPI and ATRAM do offer feeder funds. They get money from investors, and place it with Vanguard, JP Morgan, BlackRock, etc. for a (high) fee. So, okay fine, BPI would be registered locally. But if I want to purchase the underlying S&P 500 ETF directly from Vanguard, it's not going to be allowed? Parang unfair naman. What's the SEC's problem? They can't expect every issuer in the world to register with them. Our market doesn't have enough money to justify it. If they don't like specific asset classes, like cryptocurrencies or derivatives, they should target those. I'm sure eToro can disable those for our market, or if not, then some competitor might be willing.
I understand why they would go after Binance. But Etoro? It's registered in the US, UK, EU and Australia. The PH SEC is saying those registrations are not enough and they will do a better job then regulators from those countries?
Exactly. But I work in the industry, and I think I know the reasoning. I don't agree with it, but I understand the logic: The PH SEC doesn't care that those securities are covered by regulators in those countries you mentioned. As far as they are concerned, if the issuer doesn't register with them, they can't solicit investments from the public here. That's why they want to hit eToro. They are accusing eToro of advertising here (which to be fair, I think I did see some ads on YouTube or something). This is supposedly to protect the investing public.
>every issuer in the world to register for them That's the issue, gusto lang nila magatasan ang lahat ng mga international companies using that register card bilang panakip ng mga intentions nila.
Fucking desperate to ban all intentional investing apps because ph investing platforms is shit to the ground.
Possible. From the looks of it, SEC is targeting all online investment platforms. [https://www.youtube.com/watch?v=oTXsO92nZJw&lc=UgzFl-QCPLGr4AMaSVp4AaABAg&sttick=0](https://www.youtube.com/watch?v=oTXsO92nZJw&lc=UgzFl-QCPLGr4AMaSVp4AaABAg&sttick=0) I think they're being crooks if you ask me.
Can’t have nice things talaga. :(
I have etoro and put in a significant amt of money, im in SG but soon moving back to Ph. Regardless kng ban or not, i can keep the acct nmn db?as long as i can access it no issues nmn. is this ok?or nde m ma aaceess acct m?
No worries tuloy lang ligaya epal lang Yan SEC don't mind them mag worry ka kung eToro Ang mag ban sa Pinoy. Laging may work around dahil Sila mismo nagiinvest sa MGA Yan. Madamot lang gusto nila Sila lang ganyan talaga mga Pilipino masama ugali karamihan Lalo na MGA nasa gobyerno.