Vilnius Stock Exchange has imposed penalty on its member for breaching requirements of the Trading Rules

 | Source: Nasdaq Vilnius Nasdaq Vilnius 

On April 2, 2007, the Management Board of the Vilnius Stock Exchange (VSE) has
decided to impose penalty on the member AS SEB Eesti Uhispank for breaching the
requirements of the VSE Trading Rules. This member had breached item 35.12 of
the VSE Trading Rules and had failed to ensure on time a sufficient amount of
cash for settlement of transaction concluded on the VSE. In accordance with
item 70.7 of the VSE Trading Rules the above-mentioned member was fined. 

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