The SEC sets a deadline for Asia Wealth Securities to refund all customers not to extend the time

The SEC reveals the decision of the SEC meeting to meet the deadline, not an extension for Asia Wealth Securities to return assets to clients. Recently, the company has not fully returned. It is in accordance with supervisory rules. Stand by the original order to prevent the impact that will happen to investors. and customer assets

The Securities and Exchange Commission (SEC) revealed that the Capital Market Supervisory Board (SEC) in its meeting No. 13 / 2022 decided not to extend the additional operating period of the company Asia Wealth Securities Co, Ltd in accordance with the Company’s request.

However, after Asia Wealth Securities Co., Ltd. (Asia Wealth Securities) brought the customer’s money to pay for securities with the clearing house. without the consent and consent of the customer When the ACT Committee reached its decision at meeting No. 12/2022 on 17 November 2022, it was of the opinion that the Company’s operations could cause serious harm to the public interest. Therefore, it has been decided by virtue of Section 143 of the Securities and Exchange Act BE Customer is not allowed to Return by Sunday, November 20, 2022 and the securities business is temporarily suspended according to SEC news No. 207/2565 dated November 17, 2022 *

Subsequently, the Capital Market Supervisory Board (SEC) held an additional meeting in its meeting No. 13/2022 on November 21, 2022, where the decision of the meeting was not to extend the execution period of the securities .Asia Wealth as requested by the company Due to the SEC’s previous order regarding the period of return of the property to the customer, the feasibility of the action was considered. Including suitability and safeguarding the impact on the customer’s assets However, from the latest investigation, it was found that Asia Wealth Securities was not fully refunding some of the total money to customers.