AsianInvestor's regulatory round-up, May 13
SFC recovers $191m for investors; Singapore retail market opens up; Algo trading put under the microscope; Saudi restricts foreign buying to 10%; and hedge funds urged to upgrade cyber security.
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Hong Kong: SFC recovers HK$191m from hedge fund
The city’s Securities and Futures Commission (SFC) has recovered $191 million for 340 overseas investors who lost money in a failed hedge fund, the regulator announced.
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