Hong Kong SFC reviews 2005 and sets out 2006 programme

LEGAL BEAT

Wheatley told reporters during a review of the SFC's work in 2005 that the regulator had made 19 prosecutions for market manipulation in the nine months to the end of December, against 16 cases for the 12 months to the end of March 2005. In addition, the SFC has continued to take action against insider dealing and the mis-selling of investment products. "There is a continuing trend of encountering cases in which investment advisers sell unsuitable products to clients. Several will conclude t