Creating false information in securities activities is subject to a fine of up to VND300 million

The Lao Dong Newspaper Legal Consulting Office replied:

Clause 16, Article 1, Decree 306/2025/ND-CP amending and supplementing a number of articles of Decree No. 156/2020/ND-CP regulating administrative sanctions in the field of securities and the stock market (amended and supplemented by a number of articles according to Decree No. 128/2021/ND-CP) and Decree No. 158/2020/ND-CP on derivatives and the derivatives market (effective from January 9, 2026) stipulate the amendment and supplement of Article 42 as follows:

7. Fines from VND 200 million to VND 300 million for the act of creating untrue information or concealing information in securities activities as prescribed in Clause 1, Article 12 of the Securities Law.

In addition to the above fine, the violator will also be subject to additional penalties:

Suspend trading activities, securities services, representative office activities, recording activities, securities clearing and settlement activities, and securities trading activities for a period of 01 month to 03 months for violations specified in Clause 7 of this Article.

At the same time, take remedial measures: Forced correction of information for violations.

Thus, from January 9, 2026, the act of creating false information in securities activities will be punished as above.