Regulatory Alerts2025-01-14
Added
Cathay Securities Investment Trust Co., Ltd. and Personnel Violation Penalty Case
The Financial Supervisory Commission issued penalties against Cathay Securities Investment Trust Co., Ltd. and former fund manager Li for insider trading and conflict of interest violations. The company was warned and fined NT$1.2 million for failing to supervise employee trading and maintain effective internal controls, while Li was ordered to be dismissed from his position for leaking confidential information and trading through third-party accounts. These actions address serious breaches of the Securities Investment Trust and Advisory Act regarding personal transaction declarations and the prevention of利益 conflicts.
Topics
Share