Bangkok--4 Dec--SET
The Stock Exchange of Thailand (SET)’s Disciplinary Committee for Brokerage or Agent’s Fees Charged has found that Asia Plus Securities PCL (ASP) did not comply with SET’s Rules and Procedures for Collecting Brokerage or Agent Fees, SET Executive Vice President Suthichai Chitvanich said.
The Committee found that ASP did not comply with the Regulations on Internet Trading Commissions. The Disciplinary Committee has fined the company THB 2,500,000
The firm is also required to four executives and one marketing officers to strictly comply with SET’s regulations henceforth.
ASP has accepted the above penalties and stated that they are observing the regulations. The company has guaranteed the Exchange that their executives will supervise operations vigilantly, that better internal controls are in place and that all operations now meet SET’s and the Securities and Exchange Commission’s requirements.
For more information, please contact the Corporate Communications Dept.:
Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037 /
Watsamon Saowakhonsathien Tel: 0-2229-2797