Brokers fined for lending violations

Oct 15th at 12:45
15-10-2012 12:45:27+07:00

Brokers fined for lending violations

HCM City Securities Co brokers Nguyen Viet Xuan and Pham Thi Suong have been ordered by the State Securities Commission to pay a sanction of VND85 million (U$4,000) each for lending securities to clients on the accounts of other clients. The commission also revoked Xuan's practice certificate and fined the company VND105 million ($5,000)

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