The Securities and Futures Appeals Tribunal (SFAT) has affirmed the Securities and Futures Commission’s (SFC) decision to ban Hung Chi Wah from re-entering the industry for life, said the commission in a statement. The SFC found that, between 2007 and 2008, Hung fraudulently persuaded a client to invest HK$5 million (US$642,673) in securities by fabricating two securities trading agreements using…
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