PSE to submit complete report on Reynolds; SEC agency to begin probe.

While the Philippine Stock Exchange (PSE) has yet to submit its comprehensive report on the stock price manipulation controversy involving Reynolds Philippines Corp. (RPC), the corporate watchdog is not wasting any time in initiating its own probe.

Newly appointed Securities and Exchange Commission (SEC) prosecution chief, Emilio Aquino, said the Prosecution and Enforcement Department (PED) will proceed with its own investigation even without a comprehensive report from the PSE.

The PED's investigation, he said, will be based on data submitted by the PSE Compliance and Surveillance Group (CSG) last Friday and the initial report earlier turned over by the …