Read the full judgment text of HCMA 36/2012 on BabelCite. This High Court CFI judgment was delivered on 11 May 2012.
1. In November last year, this Appellant, a man of previous good character in his early 20s, appeared in the Magistrates’ Court (David Dufton Esq) on a summons that he “did without reasonable excuse, between April and November 2010, carry on a business in a regulated activity namely, advising on securities when [he was] not licensed to do so”, contrary to s 114(1)(a) and (8) of the Securities and Futures Ordinance, Cap 571. He pleaded guilty, and admitted the following facts set out in Brief Sta