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SFC urges investors to be cautious in times of high volatility

Securities and Futures Commission (SFC) has urged investors to understand the product structures and monitor closely the credit risks of product issuers as well as their counterparties, especially during dramatic market fluctuations. “With sovereign debt problems, weakening economic prospects and other uncertainties in Western economies, international financial institutions could be particularly vulnerable,” said the SFC’s chairman Eddy Fong. “Investors must…

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