Regulatory Alerts2026-07-31 | 39/KL-TTAdded · Updated
Conclusion of Inspection No. 39/KL-TT regarding MB Securities Joint Stock Company
The State Securities Commission's Inspection concluded that MB Securities Joint Stock Company committed two violations: providing margin lending services for stock purchases in coordination with a credit institution without prior written approval from the regulator, and allowing margin trading for securities not permitted for such transactions. Consequently, the company was fined 340,000,000 VND in total, comprising 275,000,000 VND for the unapproved service and 65,000,000 VND for the margin trading violation. Additionally, the company's service coordinating with credit institutions to provide loans for stock purchases was suspended for 2.5 months. The company is required to immediately cease the unapproved service and strictly enforce compliance with margin trading eligibility rules.
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