FIMM reprimands ex-consultants


KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has issued public reprimands against six former unit trust scheme and private retirement scheme consultants for submitting falsified academic certificates in their registration applications.

The decision was imposed after factoring in the mitigating and aggravating factors applicable to the respective cases.

Those sanctioned were Roster Anak Maringai, formerly with Public Mutual Bhd, Vijayendran Vengho, formerly with RHB Asset Management Sdn Bhd, Goh Yen Chew and Tan Shi Yuin, formerly with AHAM Asset Management Bhd, as well as Dian Ayu Lestari Rusdi and Siti Amira Juattin both formerly with Kenanga Investors Bhd.

The reprimands were given to send a strong message that FIMM would take action against those who failed to comply with the rules, it added. — Bernama

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