penalty to be imposed on the offender. Appeal Any person who is affected by, and disagrees with, an administrative order has the right to appeal such order. The appeal procedure is provided by the SEC
depending on the severity of the case. If the penalized party disagrees with the SEC order, an appeal can be filed. Administrative sanction ensures that supervision will proceed stringently and efficiently
the case that any director disagrees with the overall resolution, as such record can be used as a proof that the director has expressed his or her disagreement in the meeting. Q: Would a director who