SFC Warns on False Regulator, Hong Kong Foreign Investments Trade Authority
Posted: Wed Feb 10, 2016 12:39 pm
The Securities and Futures Commission (SFC), an independent regulatory body in Hong Kong, has issued a warning against another fraudulent entity, Hong Kong Foreign Investments Trade Authority, advising any would-be investors to abstain from doing business with the group, according to an SFC statement.
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The SFC is a watchdog organization that helps inform investors, bringing to light a plethora of illicit operations and unregulated entities that market participants should abstain from doing business with. The regulatory authority also helps police the country’s securities and ... (read more)