26 Nov 2010
LI KWOK KEUNG ASSER v. SECURITIES AND FUTURES COMMISSION
- Citation
- LI KWOK KEUNG ASSER v. SECURITIES AND FUTURES COMMISSION
- Court
- Court of Appeal
- Case number
- CACV85/2010
Appeal allowed in part: SFAT erred in materially reducing the SFC's penalty because its central finding of a 'misunderstanding' was speculative and unsupported by the evidence and the SFAT should not import criminal-law procedures into the statutory SFO disciplinary code; the appropriate sanction substituted is a 3-year prohibition from 19 March 2010; costs ordered at 40% in favor of SFC.