Regulatory Alerts2022-06-29
Circular on Imposition and Publication of Sanctions
The Securities and Exchange Commission mandates the public disclosure of sanctions imposed on defaulting Market Operators and Licensees. These enforcement actions will be published on the SEC website and disseminated through media channels to uphold market integrity and foster capital market growth. The guidelines establish a standardized publication framework that enhances regulatory transparency and strengthens investor confidence.
SECURITIES & EXCHANGE COMMISSION COMPLIANCE MANUAL FOR BROKER-DEALERS, INVESTMENT ADVISERS & REPRESENTATIVES
CIRCULAR ON IMPOSITION AND PUBLICATION OF SANCTIONS
CIRCULAR NUMBER: SEC/LED/MG-circ/0706/003
The following guidelines are provided in line with the Commission's mandate to protect and regulate the securities market and promote investor confidence.
In line with the Commission's continuing commitment to protect the integrity of the securities market, and create the necessary atmosphere for the orderly growth and development of the capital market, the Commission will henceforth publish the names of defaulting Market Operators and Licensees and the sanctions imposed on the SEC Website and through the media.
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