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SEC could have dealt with Rappler in 'non-draconian' measures: CMFR

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<figure class="op-interactive"><div id="IVS_ABS_Body_Video_1_Container"> <ivs-player id="IVS_ABS_Body_Video_1" data-ivs-spid="3001339" data-ivs-key="e8c22c015ca9eafa76f1e3edfa03c603" data-ivs-vid="1441122" data-ivs-floating="1"></ivs-player> <script src="https://player.ivideosmart.com/ivsplayer/v4/dist/js/iframe-parent.js"></script> <script src="https://player.ivideosmart.com/ivsplayer/v4/dist/js/loader.js"></script> </div></figure><div class="iwantbar">Watch more in <a href="~//www.iwantv.com.ph/">iWantv</a> or <a href="~//tfc.tv/">TFC.tv</a></div><p>MANILA - The Center for Media Freedom and Responsibility believes the Security and Exchange Commission could have dealt with news website Rappler without easing the company out of business.</p><p>Speaking to ANC Wednesday, CMFR chair Vergel Santos said one option for SEC is to notify Rappler about the possible violation and tell them the remedies they can do. </p><p>&quot;These are differences that can be sorted without resorting to that draconian measure or without putting Rappler out of business,&quot; said Santos, stressing what SEC did was an attack against the freedom of the press. </p><p>However, chief presidential legal counsel Salvador Panelo said the SEC had no choice but to implement the law because it is simply their job to punish violators. </p><p>Panelo said Rappler can still bring the case to the courts and in case the revocation of its incorporation would be upheld, they can still reapply for one.</p><p>&quot;If there is a violation and the law says there must be imposition of penalties with respects to the violation, then SEC has no other alternative to do,&quot; the lawyer said, standing by the position that what SEC did was not an attack to press freedom.</p><p>SEC earlier revoked the certificate of incorporation of Rappler for allegedly violating the constitutional restriction on foreign ownership of mass media. </p><ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/news/01/15/18/rapplers-incorporation-papers-revoked-by-sec">Rappler&#x27;s incorporation papers revoked by SEC</a></li></ul>

<p>MANILA - The Center for Media Freedom and Responsibility believes the Security and Exchange Commission could have dealt with news website Rappler without easing the company out of business.</p>

MANILA - The Center for Media Freedom and Responsibility believes the Security and Exchange Commission could have dealt with news website Rappler without easing the company out of business.