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[SFC of Hong Kong: Restrictions on the use of misleading names by unregulated institutions receive broad support] On November 6, the Securities and Futures Commission of Hong Kong issued a consultation conclusion on further restricting the use of misleading names by unregulated institutions to protect investors: The proposal to tighten restrictions on misleading names of institutions has received widespread support. Recommendations have been revised to enable faster updating of the list of restricted titles. The SFC will submit the revised draft to the Legislative Council for review and approval. FAQs about the proposed revisions have been updated on their website.
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