4 Sept 2017
SECURITIES AND FUTURES COMMISSION v. LI HEJUN AND OTHERS
- Citation
- SECURITIES AND FUTURES COMMISSION v. LI HEJUN AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP166/2017
On the agreed facts the statutory conditions for relief under s214 SFO were satisfied; the 1st respondent’s breaches were serious because of his executive role, control of counterparties and large sums involved and warranted an 8‑year disqualification; the 2nd to 5th respondents’ failings amounted to incompetence/indifference and warranted disqualifications of 4, 4, 3 and 3 years respectively; respondents to pay SFC costs and the 1st respondent to procure repayment obligations per the agreed facts.