The Securities and Futures Commission (SFC) has issued a reprimand to Sun Hung Kai Investment Services (SHKIS) and fined it $4.5 million for failings relating to its sale of Lehman Brothers related equity-linked notes (ELNs) to its clients between May and August of 2008. The decision follows an investigation by the SFC which found that SHKIS had failed to perform…
Lehman Brothers fallout continues
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