SFC Publishes Consultation on Amendments to Expand Definition of Professional Investors & Evidential Requirements
SFC Publishes Consultation on Amendments to the Professional Investor Rules
Introduction
The Securities and Futures Commission (SFC) published a Consultation Paper on the Proposed Amendments to the Securities and Futures (Professional Investor) Rules (Consultation Paper)1 on 1 March 2017. The SFC is proposing to amend the Securities and Futures (Professional Investor) Rules (Cap 571D) (the Professional Investor Rules) to incorporate modifications to those rules which it has granted pursuant to section 134 of the Securities and Futures Ordinance (Cap 571) (SFO). Read more…