Emperor Securities Limited, CS Wealth Securities Limited, and CMB International Securities Limited have received restriction notices from the Securities and Futures Commission (SFC) prohibiting them from dealing with specific assets held in their client accounts. The assets are beneficially owned by three individuals suspected of misconduct towards FingerTango Inc. The brokers must notify the SFC if they receive any instructions relating to the restrictions. The SFC will commence civil proceedings against the current or former management team of FingerTango Inc, and the three individuals will be named as respondents. The SFC aims to obtain court orders for the individuals to compensate FingerTango Inc. The restriction notices aim to preserve assets in the interest of the investing public or the public interest, and they do not impact the brokers or their other clients.
resource: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=23PR34