HK SFC bans Edmond Leung for insider trading
The 10-year ban by the Securities and Futures Commission follows similar actions last year against a duo involved in the same insider-trading activity.
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Hong Kong’s securities regulator has revoked the licence of Edmond Leung Chi Keung of multi-asset hedge fund Cheetah Investment Management and banned him from re-entering the industry for 10 years, as of yesterday.
Leung had been licensed to carry on Type 4 (advising on securities) and Type 9 (asset management) activities and was accredited to the hedge fund from November 2005 to May 2012, and no longer works there.
The July 11 action follows a finding by the Market Misconduct T…
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