Setback for Hong Kong Regulator in Bid to Ban Tiger Asia

Summary


SINGAPORE (Reuters) - Hong Kong's securities regulator suffered a setback on Wednesday [June 15] in its attempts to ban New York- based hedge fund.

A judge signaled it was beyond the High Court's jurisdiction to act in a case brought by the Securities and Futures Commission against the-seeded fund, an SFC statement said.

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Extract


Setback for Hong Kong Regulator in Bid to Ban Tiger Asia

The SFC, which has accused Tiger Asia of insider dealing, is trying to ban it from tradi...

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