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SFC bans asset manager for life

Hong Kong’s Securities and Futures Commission (SFC) has banned Pauline Ellen Cousins, a former managing director and responsible officer of Crown Asset Management, from re-entering the industry for life. Between 2002 and 2006, Cousins produced four false portfolio valuation summaries to a client, according to an SFC statement. The SFC states that the portfolio valuation summaries belonged to other clients…

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