Laws framed in haste can hurt markets, says SFC head

Amid interruptions by recorded fire-alarm announcements, the head of Hong Kong's Securities and Future Commission (SFC) on Tuesday described the delicate balancing act of tightening rules on the sale of investment products. It probably wasn't the toughest heckling Martin Wheatley has had to deal with in his supervisory career, and he responded good-humouredly: "If only a financial crisis was like a fire alarm -- you go to investigate, and then five minutes later you can give the all-…