Two financial advisers banned for giving 'false information' to Singapore regulator

Mark Battersby
clock • 2 min read

The Monetary Authority of Singapore (MAS) has issued prohibition orders to two former brokerage representatives for providing false information, it said today (2 September). The orders, issued to Lan Kangming and Wee Toon Lee, took effect from Wednesday (I September).  Lan and Wee, who received four and three years respectively, were prohibited from performing any regulated activity under the Securities and Futures Act (SFA). They are also prohibited from taking part in the management, acting as a director, or becoming a substantial shareholder of any capital market services firm u...

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