Update on the SFC’s real-time regulation

Update on the SFC’s real-time regulation

23 May 2018

The Securities and Futures Commission (SFC) today published the second issue of its SFC Regulatory Bulletin: Listed Corporations to provide an update on how it exercises its powers under the Securities and Futures (Stock Market Listing) Rules (SMLR) to fulfil its statutory objective of protecting investors (Note 1).

The newsletter highlights some of the SFC’s actions to tackle market misbehaviour in the nine months ended 31 March 2018. Case studies illustrate the SFC’s early intervention in serious corporate cases as well as the close relationship between the use of its regulatory tools under the SMLR and its enforcement actions against licensed firms and listed companies (Note 2).

“The SFC’s increasingly proactive approach to corporate misconduct has already had a big impact on market behaviour,” said Mr Ashley Alder, the SFC’s Chief Executive Officer. “We will continue to intervene in serious cases at an early stage to safeguard the interests of investors and suppress illegal, dishonourable and improper market practices.”

The bulletin is available on the SFC website. Members of the public may subscribe by filling out the form available under the “Subscribe” link.