The State Securities Commission (SSC) has issued a decision to fine Beta Securities Incorporation VND125 million (US$5,500) for violating rules on margin trading.
Deputy General Director of Vietnam Oil and Gas Group (PVN) Ninh Van Quynh was detained on Friday for “deliberately violating State regulations and causing serious consequences” for PVN.
Enterprises violating the law while engaging in promotional activities
may face administrative penalties and/or additional sanctions. They will
be required to take remedial measures or suspend promotional
activities, depending on the severity of their act.
E-commerce websites participating in trade fraud
and violating customers rights are to be publicised on the official
portal website of the Ministry of Industry and Trade (MoIT).