The Securities Commission in insecure times
The regulator is feeling the pressure and passing it on.
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Tonight’s newsletter zeroes in exactly on yesterday’s developments at the Securities Commission, specifically the release of its 2025 annual report and the press conference that followed.
And I’ll kick off with what SC chairman Mohammad Faiz Azmi said about the regulator’s powers in cases like the so-called “corporate mafia”:
“SC does not regulate criminal intimidation and extortion. I don’t regulate murder and manslaughter.
“Why do you think that’s my job? My job is securities laws.”