Billion Global Asset Management guilty of carrying on business without a license : SFC

7 September 2011 | 1 minute read

The SFC has found Billion Global Asset Management and its director, Chan Chun Wai guilty on charges of carrying on a business in asset management without a license and issuing a related advertisement without a license. The SFC alleged that Billion Global Asset created a website around March 2010 in which it promoted a fund purportedly managed by Chan which…

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