SEC seals partnership with DAR, speeds up registration of farmers’ organizations in Nueva Ecija
The Securities and Exchange Commission-Tarlac Extension Office (SEC-TEO) and the Department of Agrarian Reform (DAR) in Nueva Ecija signed a Memorandum of Agreement to fast-track the registration of newly organized agrarian reform beneficiaries’ organizations (ARBOs) and to provide assistance in securing and complying with all the SEC regulatory requirements.
Eden B. Ponio, DAR Provincial Agrarian Reform Program Officer II said the parties agreed to collaborate to fast-track the registration of ARBOs with the SEC and to facilitate the conduct of training for members of the Nueva Ecija ARBOs.
“DAR Nueva Ecija has already identified the ARBOs for the said partnership. We will assist them in securing all regulatory requirements for SEC regulation, ensure that all regulatory requirements are complete, and provide them with the logistics in the conduct of training,” Ponio said.
Ponio said that this is the first joint activity between the two government agencies and it was off to a good start.
Atty. Richard R. Laus, SEC-TEO Director said the SEC will establish and strengthen effective linkages with various government and non-government agencies, business organizations, local government units, the academe, and other stakeholders. This, he said is aimed at establishing, sustaining, and strengthening SEC’s presence, especially in the grassroots level to promote sustainable and inclusive economic growth.
Anna Marie R. Guillermo, DAR chief agrarian reform program officer, expressed her satisfaction with the efficient conduct of the activity.
Immediately after the signing, the training on the Compliance of SEC Reportorial and Credit Investment Requirements started attended by members of the ten (10) newly formed ARBOs.
The ARBOs include the Popolon United Farmers Association of Palayan City; Licabeñong Gintong Butil Farmers Association; Kaakibat sa Bundok Planters Association Inc.; Hope for the Women's Association; Nagkaisang Gabay sa Bayan ng Gabaldon; Cuyapa Agri-Tubig Upland Farmer's Association; Systenableng Agrikulturs para sa Malinao na Kasapian ng Kanayunan Inc.; Villarosa Farmers Association, Zaralica Farmers Association; and Masipag Kabangkalan Farmers Association.