CLARK FREEPORT ZONE, Pampanga – The Securities and Exchange Commission-Tarlac Extension Office (SEC-TAREO) and the Subic-Clark Alliance for Development (SCAD) are joining forces to strengthen investor protection and advance capital market development in the Subic-Clark Corridor.
This partnership was formalized through a Memorandum of Agreement (MOA) signed on May 29 at the Clark Freeport Zone, paving the way for the implementation of the SEC Communication, Advocacy, and Network (SEC-CAN) initiative within the corridor.
SEC-TAREO Director Richard Laus and SCAD Executive Director Carminda Fabros led the ceremonial signing, along with SEC Information Officer Mark Catacutan and SCAD Legal Counsel Aliw Del Rosario.
“This collaboration is a vital step toward building a culture of responsible investing in Central Luzon. Through our collaboration with SCAD, we aim to protect investors, educate the public, and foster a regulatory environment that supports business growth and transparency in the major economic zones in the region,” Laus emphasized.
The partnership is anchored on a shared commitment to promoting financial literacy, investor protection, and capital market awareness, particularly in the fast-growing Subic Bay and Clark Freeport Zones.
It also supports national efforts to prevent investment scams and encourage compliance with SEC regulations.
Fabros, for her part, highlighted the importance of joint initiatives in empowering both investors and business owners.
“We are excited to collaborate with SEC-TAREO to empower investors and business owners through joint programs and activities to promote financial literacy, investor protection, and sustainable economic growth in our community,” she said.
Additionally, Fabros underscored that the MOA signing strengthens their commitment to fostering inclusive economic growth, anti-scam awareness, and compliance.
“Together with SEC-TAREO, we are dedicated to creating a more informed and secure investment environment,” she added.
With SCAD’s mandate to transform the Subic-Clark Corridor into a world-class mega logistics hub, this initiative plays a critical role in advancing ease of doing business, investor confidence, and socio-economic development in the region. (CLJD/MAECR, PIA Region 3-Pampanga)