Tag: Morgan Stanley Hong Kong Securities Limited (MSHK)

The Securities and Futures Commission (SFC) has resolved its concerns with Morgan Stanley Hong Kong Securities Limited (MSHK) over its internal control failures. Under the resolution, the SFC reprimanded and fined MSHK $18.5 million for breaches of the Code of Conduct. The internal control failures of MSHK related to avoidance of conflicts of interest; comprehensive…