Hong Kong SFC Issues Restriction Notice on MF Global Hong Kong
By Stephanie Tong -
2011-11-01T13:24:31Z
Hong Kong’s Securities and Futures Commission issued a restriction notice on MF Global Hong Kong Ltd., according to a press release posted on the regulator’s website today.
MF Global Hong Kong is allowed to settle outstanding cash market transactions and must immediately assert its rights over any clients’ money to protect the integrity of their assets, the regulator said.
To contact the reporter on this story: Stephanie Tong in Hong Kong at stong17@bloomberg.net
To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net
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