Ex-DBS Vickers trader slapped with 5 year prohibition order by MAS for unauthorised trading and fraud

SINGAPORE (Dec 21): The Monetary Authority of Singapore (MAS) has issued two prohibition orders against ex-DBS Vickers trader Tey Thean Yang Dennis for a period of five years.

Tey will be prohibited from performing any regulated activity, and taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services firm under the Securities and Futures Act (SFA).

He will also be prohibited from providing any financial advisory services, and taking part in the management, acting as a director or becoming a substantial shareholder of any financial advisory firm under the Financial Advisers Act (FAA).

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