Hong Kong SFC adds Option500 to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong.

Added to the SFC Alert List is the company Option500, operating at www.option500.com.

According to the SFC, Option500 appears to target both Hong Kong and overseas investors.

The SFC Alert List can be seen here.

Read Also: