More News
MARKETS & INVESTING | Staff Reporter, Hong Kong
view(s)

SFC fails to ban Tiger Asia

SFC has accused Tiger Asia of insider dealing, but a judge said the case is beyond the High Court’s jurisdiction.

A Reuters report said the Securities and Futures Commission is trying to ban the New York-based hedge fund from trading securities or derivatives in the city and freeze some of its assets.

“The SFC has been unable to bring a criminal charge against Tiger Asia because all its staff are based outside Hong Kong so it is pursuing a civil case under the Securities and Futures Ordinance,” said the report.

View the full report here.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.