SFC fines Merrill over sale of index-linked notes in 2007
The regulator says Merrill failed to assess the objectives of investors. It also fines Core Pacific-Yamaichi International (HK) over the sale of Lehman-related structured products.
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Merrill Lynch Asia-Pacific and fined it HK$3 million ($386,000) over the sale of index-linked notes in 2007.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.