Hong Kong’s SFC Committee (SFC) has suspended Mrs Hadiee Chui Lai Chun, a spokesman for Rifa Securities Limited, for seven months from June 13, 2025 to January 12, 2026.
Disciplinary action follows a SFC survey that found that, between September 2018 and September 2021, Chui failed to reveal to RIFA a personal title trading account maintained in another brokerage company.
He also carried out 20 personal transactions through the non -announced account without prior approval by any RIFA responsible official.
In addition, he failed to report these transactions and provide the relevant trade confirmations and accounts to RIFA.
Chui’s behavior bypasses Rifa’s staff policy and prevented her from monitoring her personal commercial activities.
The SFC has prevented Chui’s behavior voluntary and dishonest, thus calling for its ability and positioning to remain empty.
In determining the ratification against Chui, SFC took into account all the relevant conditions, including its violations, lasted about three years, its cooperation to resolve SFC concerns and its otherwise clean disciplinary record.