Monday, May 13, 2013

SFC's pursuit of Tiger Asia to continue in courts





In a written statement on Friday, the Court of Final Appeal cited investors' interest for upholding the Securities and Futures Commission's (SFC) right to seek compensation from US-based Tiger Asia Management over insider dealings in Hong Kong without a need to first prove the fund house guilty of insider trading or other malpractices by the criminal court or the Market Misconduct Tribunal (MMT).









via Business feed http://www.scmp.com/business/money/markets-investing/article/1236305/sfcs-pursuit-tiger-asia-continue-courts

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