SG CIB lobbies Hong Kong regulator for backtesting

Societe Generale is in discussions with Hong Kong's Securities and Futures Commission (SFC) in order to highlight the importance of backtesting as an important information pool investors can draw on when making an investment decision. The practice is forbidden in Hong Kong, but is widely used in most European countries and is even compulsory in France. "Backtesting is very important information that should be made available to investors when they make their decision and we are actively conver

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