The Hong Kong Securities and Futures Commission has prohibited former Sun Hung Kai Investment Services Limited and Sun Hung Kai Commodities Limited representative Mok Cheuk Ling from re-entering the industry for 42 months, from Sept. 11, 2026, to March 10, 2030. The sanction follows findings that she operated seven clients’ non-discretionary accounts without written authorization between 2009 and 2021 and provided false or misleading account information and statements to several clients. Although the clients had agreed to or knew of the discretionary trading, Mok did not document or disclose the arrangements to her employers, whose policy prohibited such services. She used client login credentials to place trades without transaction-specific authorization and concealed some accounts’ true financial positions through inflated balances, fabricated trade details and false statements. The trades caused losses totaling nearly HKD 3 million, while Mok partially compensated some clients with more than HKD 1.2 million of her own funds.
2026-09-11Hong Kong Securities & Futures Commission
Hong Kong Securities and Futures Commission bars former representative for 42 months over undisclosed discretionary trading and false client information
The Hong Kong Securities and Futures Commission has barred former representative Mok Cheuk Ling from the industry for 42 months over undisclosed discretionary trading in seven client accounts and false client information. The conduct spanned 2009 to 2021 and caused losses of nearly HKD 3 million, of which she partially compensated more than HKD 1.2 million.