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Wednesday 5 August 2015

Revoke decision of providing services related to online stock trading

Revoke the decision of approval to provide online stock trading services is regulated in article 13 circular 86/2013/TT-BTC.
>Article 13. Revoke the decision of approval to provide services online securities trading

1. stock company revoked the decision approved service providers of online stock trading in the event.

a) have registered to withdraw stock brokerage business and has been approved by the state stock trading companies.

b) withdraw stock broking.

c) temporarily deactivated.

d) revoked the license to establish and operate.

2. stock company revoked the decision approved service providers of online stock trading transactions as defined in paragraph 1 of this article must maintain and archive the data of online stock trading system to perform the obligations prescribed by law.

3. Securities firms recovered can register to provide stock trading services back online after the fix specified in article 13 paragraph 1 of this circular.

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