Bursa Malaysia Securities Publicly Reprimands, Fines And Orders To Strike Off Tye Lim Huat For Prohibited/Unlawful Trading Activities And Other Misconducts

 Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM667,500 and ordered to strike off Tye Lim Huat (TYE) from the Register (notwithstanding that he had ceased to be a Registered Person of Bursa Malaysia Securities) for misconducts/breaches including short selling activities, personal/unauthorised trades in a client’s (Client A) accounts and misapplication/misuse of monies in Client A’s trust accounts and Client A’s trading limits/sales proceeds to fund TYE’s personal trades.

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