Some basic rules on Vietnam's stock market

Some basic rules on Vietnam's stock market

Stock trading activity of investors who have been supervised or not?

 Some basic rules on Vietnam's stock market

Stock trading activity in the stock market focus has always been closely monitored by the agency function of State management in the field. In most countries, tracking and monitoring of trading activities of investors under the authority of a state agency. Many countries are allowed to participate Stock Exchange trading activity monitor CK and provide evidence to the competent authority of the act of unfair trading.

The prohibited behaviors in the stock market?

Market manipulation

Market manipulation or market manipulation is understood in the simplest way is to buy or sell any securities to create fake images of active trading of securities that, since it affects buying behavior or sale of the securities to other investors.

Under current law, these individuals and organizations make the following acts are considered acts of market manipulation:

+ Self alone or in collusion with others and make a buy or sell the securities for the purpose of creating supply and demand or prices artificially. + Purchase a CK that do not transfer ownership of securities. This behavior contributed to the false sense of excitement in the securities trading activities of a certain type of CK and create artificial supply and demand relationship in the market.

According to Decree No. 22/2000/ND-CP of the Government on sanctioning of administrative violations in the field of securities and securities market, the penalty for acts of market manipulation including fines of 20 million to 50 million and together with the additional penalties such as revocation of business licenses CK, confiscation of all proceeds from the performance of acts of market manipulation.

Transactions shall not transfer ownership of securities

+ A at the same time buy orders and sell orders in the same session aims to Stock price volatility. + A to open multiple accounts at the securities firm or by different ones standing up for the account I made the purchase and resale between these accounts together (also called the transaction price). + A group of people fishing together Stock trading a star for some time after the account balance CK CK constant price terms, but changes in the market.

Insider trading

Insider trading is the organization or individual using insider information has not been publicly announced by the Issuer to make the purchase or sale of securities of that organization.

This is a serious infringement of the rights of investors in the market in Vietnam, those who commit acts of insider trading may be subject to administrative sanctions from 20 million to 50 million.

Along with the development of Vietnam's stock market, insider trading behavior and market manipulation should soon be added to the Penal Code with the appropriate sanctions.

Violation of regulations for reporting major shareholders: This is one of the very common provisions in the world to protect the Company listed its imminent acquisition by speculators or those competitors etc. ...

The investors holding 5% or more of shares with voting rights of a company is obliged to report to the Securities Trading Center when making purchases CK alter shareholding above. If you do not purchase securities that the report may be administratively sanctioned from 5 to 10 million.

Be cautious when participating in the transaction

When participating in buying and selling securities on the stock market, but to understand the prohibited acts and limitations in the market, investors also need to be vigilant in order to avoid engaging in activities that are not fair trade.

To avoid the loss of money as well as being used for the purpose of market manipulation, investors should note the following points:

           + The above information is often very diverse markets that investors have difficulty in purchasing decisions, it is necessary to consider the accuracy and reliability of this information before deciding to place orders.

           + Frequently check your account to share in case some other account to take advantage of the transaction.

           + Do not entrust others made purchases on account cuaminh or give money to other securities business without clear objectives and business strategies of such persons.

           + Do not named fears to open securities trading accounts to others.

According to Investment