SFC launches probe into Hong Kong investment advisors

Separately, it has suspended the licence of Ernest Maude director Andrew Eden.
July 07, 2004

The investment advisory world is under renewed pressure in Hong Kong. So far, the biggest blow has been Towry Law's closure to new business in the wake of a mis-selling scandal. This involved leveraged 'with-profits' products that left investors penniless instead of protecting capital.

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