Chau Sik Ki Banned for Life

On 14 January 2010, the SFC reported that it had revoked the registration of Mr Chau Sik Ki and banned him for life. This is the result of an investigation that revealed he had obtained funds from a client for the use of investment in futures contracts on their behalf. However, he instead deposited the funds into his own account to use in trading and then left the company he was working for, which the clients had the relationship with. He also issued statements to the client with misleading information about the state of their accounts.

The investigation is ongoing.