HK SFC bans ex-Kaiser exec for 15 months

Hong Kong’s securities regulator has banned Li Tak-Wa from re-entering the industry for 15 months for executing trades without a client's written authorisation, among other things. The period runs from yesterday to 17 September 2015. The action follows a Securities and Futures Commission (SFC) investigation, which found that Li, a former employee of Kaiser Securities and Kaiser Futures: knowingly recorded incorrect information about a client in the client’s account opening fo…