Specifically, Mr. Trinh Van Quyet is fined VND1.5 billion, based on the provisions of Clause 3, Article 5, and Point h, Clause 5, Article 33 of Decree No.156/2020/ND-CP dated on December 31, 2020, of the Government, stipulating sanctioning of administrative violations in the field of securities and securities market as amended and supplemented according to the provisions of Clause 4, Article 1, and Clause 27, Article 1 of Decree No.128/2021/ND-CP CP dated on December 30, 2021, of the Government, which amends and supplements some articles of Decree No.156/2020/ND-CP.
The additional penalty is the suspension of securities trading activities for five months, specified at Point b, Clause 7, Article 33 of Decree No.156/2020/ND-CP as amended and supplemented according to Clause 27, Article 1 of Decree No.128/2021/ND-CP.
