Asia-Pacific ETP News for the Past 14 days
Yuanta and Uni-President fined for 'misleading' Taiwan ETF adverts
August 21, 2024--Other big names to be ejected from the MSCI indices include Beiqi Foton Motor, Ganfeng Lithium Group and GF Securities |
| Taiwan's Financial Supervisory Commission has fined Yuanta Funds and Uni-President Asset Management for using unsuitable advertising in the promotion of their high-dividend exchange traded funds, which broke fundraising records earlier this year. Yuanta Funds, Taiwan's largest local ETF issuer, has been fined NT$900,000 ($27,864) for the inappropriate advertisement of its Yuanta Funds' Taiwan Value High Dividend ETF, according to an announcement from the FSC's Securities and Futures Bureau.view more |
