Read the full judgment text of HCMA 495/2009 on BabelCite. This High Court CFI judgment was delivered on 18 December 2009.
1. The appellant was convicted after trial of two insider dealing offences, contrary to section 291(1)(a) (in respect of summons ESS34341) and section 291(1)(b) (in respect of summons ESS34342) of the Securities and Futures Ordinance, Cap. 571 of the Laws of Hong Kong respectively. For each offence, he was sentenced to 8 months’ imprisonment, a fine of $80,000 plus compensation of $54,394.50 to the Securities and Futures Commission (“SFC”). The sentences were ordered to run concurrently. The app