Act of using internal information for trading securities may be subject to administrative sanctions or criminal prosecution depending on the severity of the violation

A member fund is a securities investment fund with the number of members contributing capital from 02 to 99 members. Fund members only include professional securities investors. The portfolio and investment activities of member funds must comply with securities laws and relevant regulations.

For initial public offering, joint stock companies must comply with regulations on conditions and registration procedures as prescribed by law. Violations of regulations on initial public offering can result in businesses being fined up to VND 600 million.  

As a requirement to ensure transparency and legality, entities implementing the initial public offering must comply with strict conditions and registration procedures as prescribed by law.

One of the purposes of confirmation as professional securities investors is to limit and screen investors in some cases to ensure general safety for the securities market and investors participation in the market.