Capital Market and Financial Institution Supervisory Agency (Bapepam-??LK) is ready to pull the licenses of three companies of investment managements (IM) in near future.

Head of Investment Management Bureau of Bapepam-??LK, Djoko Hendarto revealed, it is done because the three investment managers are judged not complied with its commitment as an industry.

“Unable to undergo commitment, soon complete revocation of license,” said Djoko, when met reporters in Jakarta, Friday, January 6, 2012. Continue Reading