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SET punishes Merchant Partner

The Stock Exchange of Thailand's sub-committee has put Merchant Partner Securities on a 1-year probation for favouring a marketing officer in an inappropriate way.

The exchange said in a statement that Merchant Partner Securities provided rewards to a marketing officer as part of the incentive scheme though the officer had not executed any stock buy/sell orders for clients.

Suthichai Chitvanich, executive vice president of the exchange, said that the sub-committee also instructed the company's three executives to strictly follow the exchange's internal control regulations.

- The Nation

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SET punishes Merchant Partner

The Stock Exchange of Thailand's sub-committee has put Merchant Partner Securities on a 1-year probation for favouring a marketing officer in an inappropriate way.

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