KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded, fined and ordered to strike off two dealer’s representatives (DRs) for breaches of the rules, amongst others, abuse/improper use of clients’ trade information to carry out front-running activities and unlawful trading in a client’s account.
In a statement today, it said Abdul Karim Yasin and Sobri Ahmad were publicly reprimanded, fined RM230,200 and RM72,800, respectively, and strike off as registered persons of Bursa Malaysia Securities for the breaches.
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