| Journal Call no. | HG6024.H6S42 |
|---|---|
| Article Title | SFC's first action against a licensed leveraged foreign exchange trader. |
| Is Part Of | SFC bulletin ; no.15, Sep/Oct 1995, p.9. |
| Abstract | The Securities and Futures Commission ("SFC") announced on 16 October 1995 that it has issued a notice, under section 51 of the Leverage Foreign Exchange Trading Ordinance ("LFET Ordinance"), against Canwell Forex International Limited ("Canwell), a registered leveraged foreign exchange trader, to restrict its ability to deal with its assets on the ground that the exercise of the power is desirable in the interest of the investing public. |