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Feb 11 2026 
SEC Plans Tenfold Increase in Lending Firm Capital Requirements
The Securities and Exchange Commission (SEC) is set to introduce stricter regulations for lending companies to combat predatory practices.
SEC Chair Francis Lim announced plans to increase the minimum capital requirement for these firms by at least tenfold and launch a formal accreditation system for collection agents.
Currently, the Lending Company Regulation Act of 2007 sets the minimum paid-in… -
Feb 11 2026 
