The SFC has banned Ms Hung Sum Yee from re-entering the industry for five months from 22 August 2007 to 21 January 2008 (Note 1).
The disciplinary action follows an investigation by the Hong Kong Monetary Authority (HKMA) into Hung's alleged acceptance and mishandling of investment order forms and time deposit forms that were signed by clients but were otherwise left blank.
The investigation further revealed that Hung also engaged in joint securities trading activities with another colleague without disclosing the trading to her employer.
Hung's conduct exposed her clients to unnecessary risks and misled her employer.
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