Viet Nam Financial Investment Securities Corporation was fined VND 745 million for multiple violations

Viet Nam Financial Investment Securities Corporation was fined VND 745 million for multiple violations in its securities business operations. The company failed to retain phone order evidence, signed advisory contracts for share issuance without the required license, omitted mandatory disclosures, and submitted incomplete reports on unlisted stock transactions. It also cooperated with third parties to offer margin lending services without prior regulatory approval. As a result, the company was suspended from securities brokerage activities for two months starting july 1.

Viet Nam Financial Investment Securities Corporation was fined VND 745 million for multiple violations in its securities business operations. The company failed to retain phone order evidence, signed advisory contracts for share issuance without the required license, omitted mandatory disclosures, and submitted incomplete reports on unlisted stock transactions. It also cooperated with third parties to offer margin lending services without prior regulatory approval. As a result, the company was suspended from securities brokerage activities for two months starting july 1.

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