The SFC reported that in July 2018, Deutsche Securities’ prime brokerage clients replied to the incorrect statements and oversold bonus…
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Hong Kong SFC imposes a $1.5 million fine on Ewarton Securities
Mung also failed to ensure transactions undertaken on behalf of the client were given priority over orders for his own…
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SFC cancels IDS Forex HK Limited’s license and bans former co-CEOs
Kim’s arrest and conviction in Korea fundamentally damages his reputation and reliability. This put serious doubt over IDS Forex’s fitness…
Read MoreHong Kong SFC fines Fulbright Securities Limited $3.6 million
The regulator also found that Fulbright failed to report these incidents to the SFC immediately upon discovering them. In deciding…
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Hong Kong SFC introduces new electronic licensing services
The new online features include web-based licensing forms with auto-fill and skip logic features and pre-set validation rules to reduce…
Read MoreHong Kong SFC fines Credit Suisse Securities $2.1 million over breaches of electronic trading requirements
The incident was caused by a logic error in the symbol mapping programme used by Credit Suisse generating market making…
Read MoreSFC bans a former RO of CCBIC and BOCOM International for IPO sponsor failures
The SFC found that the failures committed by CCBIC and BIAL, as the sole sponsor in the listing applications of…
Read MoreHong Kong SFC bans former UBS advisor for eight months
Without approval from the settlor, Lo attached a signature from the settlor she obtained from a scanned version of a…
Read MoreThe Hong Kong SFC bans CITIC former relationship manager
TS’O gave the customers false receipts and the additional amount they paid went into his pocket. Subsequently, TS’O was convicted…
Read MoreSFC brings criminal charges to Ching Lee Holdings on market manipulation of shares
Sit, Lam and Tam already appeared in court. No plea was taken and the court bail for each of them…
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