Philippine SEC Fines 6 Brokers for Breaking Securities Rules
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Six brokers failed to comply with requirements imposed under 2015 implementing rules of the Securities Regulation Code, Securities and Exchange Commission says in statement.
Alert: HALISTER1- Heavier sanctions may be imposed if penalized brokers continue to violate regulatory requirements; fines range 30,000-60,000 pesos
- Requirements seek to improve market structures, enhance investor protection, strengthen anti-money laundering framework
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283