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SEC: Fines of £20 thousand to Rea-Yiannos Andronikou

30/05/2006 16:37
At the meeting held on March 13, 2006, the Securities and Exchange Commission decided to impose administrative fines to the following Board members of Suphire for the breach of EPEY Law:

- £20,000 to Mrs. Rea Andronikou, Board member and Head manager
- £20,000 to Mr. Ioannis Andronikou, head of trading department

The decision was released on Tuesday afternoon and the above administrative fines were imposed after SEC’s investigation in the company’s office.