Administrative Actions in 2006

No.

Nature of Offence

Offender(s)

Facts of Case

Date

WARNINGS ISSUED

1.

Involved in the operations of a futures market

Yap Bee Lee

Yap was involved in the operations of a futures market without a licence through Omni Alliance Sdn Bhd.

Warning letters were issued on 23 March 2006.

Note: All administrative actions taken by the Securities Commission are subject to the aggrieved person’s right to appeal to the Commission for a review of the decision under section 146 of the Securities Commission Act 1993 or section 364 of the Capital Markets & Services Act 2007 within 30 days of the decision at first instance.