capital market business for sustainable, stable and efficient growth, enhancing the cooperation with organizations and entities involved with the capital market business, and performing other activities
, said: ?During the past 10 months, the SEC has successfully imposed civil sanctions on 21 offenders, either natural or juristic persons, in the total of eight cases. The offenses involved misuse of inside
first MOA is for cooperation in monitoring and oversight of fund mobilizing companies or capital market business operators, entering the rehabilitation process or involved in a bankruptcy case pursuant to
have reviewed the criteria for licensing application and prevention of conflicts of interest, with involved parties engaging in the whole process. Results of the regulatory review will be completed in
definition of market price to become explicit for funds to operate any transactions with the involved parties without the approval from their trustees, the revision of investment for assets management
such as, the definition of market price to become clearer funds to operate any transactions with the involved parties without the approval from their trustees, the revision of investment for assets
companies; therefore, shareholders are not involved in the decision making regarding such transaction.The SEC therefore is proposing to amend the rules governing the execution of material transactions and
qualifications whereby an IPO applicant shall not get involved in any illegal business. The proposed amendments are in line with the regulations for issuance of newly issued shares of public limited companies
cancellation and take legal action against those involved in the transactions.
case against other persons allegedly involved in the FOCUS share price manipulation. # # #