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  • REQUEST SUBMITTED

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    Date: 2023-07-12 13:45:43.996560

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    Date: 2023-07-12 15:59:06.222500

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    Date: 2023-07-20 13:38:20.136491

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Investment Complaint

Requested from SEC by A. Saratan at 01:45 PM on Jul 12, 2023.
Purpose: To refund my investment
Date of Coverage: 07/12/2023 - 07/12/2023
Tracking no: #SEC-630639566418

Saratan 01:45 PM, Jul 12, 2023

Hello, I am an individual who invested in Flex Fuel. I wanted to know how do I file for a complaint to them since they have not given any progress on my investment and they have been unresponsive anymore when I contacted them for refund of my investment.

Gonzales 03:59 PM, Jul 12, 2023

July 12, 2023

Dear Angelo Carlos,

Thank you for your request dated Jul 12, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Investment Complaint.

We received your request on Jul 12, 2023 and will respond on or before Aug 02, 2023 01:45:43 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at http://efoi-ph.uc.r.appspot.com/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy02MzA2Mzk1NjY0MTgM, for request with ticket number #SEC-630639566418.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

Padilla 01:38 PM, Jul 20, 2023

July 20, 2023

Dear Angelo Carlos Saratan,

Greetings!

Thank you for your request dated Jul 12, 2023 01:45:43 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

You asked for Investment Complaint.

Section 2-2(c), Rule II, Part I of the 2016 SEC ROP provides that the Enforcement and Investor Protection Department (EIPD) has jurisdiction over investigations and administrative actions involving the following: (a) Market manipulation, (b) Insider trading, (c) Selling, offering or transacting unregistered securities by entities without secondary license, (d) Ultra vires acts committed in violation of the Corporation Code and (e) all other matters involving investor protection filed by the public.

You may contact them directly at epd@sec.gov.ph or 8818-6047. 

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Karen F. Lazaro, OGC Administrative Officer V <kflazaro@sec.gov.ph>. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,

Romuald Padilla
FOI Receiving Officer

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