Regulatory Alerts2019-11-22
Added · Updated
Circular Issued by the Securities and Futures Commission on Dubious Private Fund and Discretionary Account Arrangements or Transactions
The Securities and Futures Commission issued this circular to address concerns regarding dubious private fund and discretionary account arrangements or transactions. The document serves as a regulatory warning to registered institutions about potential risks and irregularities in wealth management practices. It emphasizes the need for strict compliance with regulatory standards to protect investors and maintain market integrity.
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