The alleged salesperson obtained the funds from customers under the guise of buying equity-linked notes (ELN), the regulator says.
Yuanta Securities has been fined NT$1.2m (US$39,600) for violating the country’s securities laws by dishonestly selling structured products, according to the Securities and Futures Bureau of the Financial Supervisory Commission of Taiwan. Yuanta Securities was identified as having incurred in deficiencies in the execution and review of client care interviews In an announcement on Tuesday (23 September), the financial watchdog said that the Taiwan Stock Exchange had found during its aud