Securities And Futures Commission - SFC

AAA

DEFINITION of 'Securities And Futures Commission - SFC '

An independent, non-governmental statutory body responsible for regulating Hong Kong's securities and futures markets. The Securities and Futures Commission (SFC) was established by the Securities and Futures Commission Ordinance (SFCO). The SFC administers the laws governing Hong Kong's securities and futures markets, and facilitates the development of these markets. The SFC's statutory objectives are to:

  1. Maintain and promote fairness, efficiency, competitiveness and transparency in the securities and futures markets
  2. Promote public understanding
  3. Protect investors
  4. Reduce crime and misconduct
  5. Reduce risks Assist the Financial Secretary in maintaining Hong Kong's financial stability

INVESTOPEDIA EXPLAINS 'Securities And Futures Commission - SFC '

Hong Kong's Securities and Futures Commission's operational units include corporate finance, policy, China and investment products, enforcement, supervision of markets, licensing and intermediaries supervision. Each of the SFC's operational units is supported by the legal services department and corporate affairs division. The SFC regulates licensed corporations and individuals that perform regulated activities including:


  1. Dealing in securities or futures contracts
  2. Leveraged foreign exchange trading
  3. Advising on securities, futures contracts or corporate finance
  4. Providing automated trading services or credit rating services
  5. Securities margin financing
  6. Asset management
RELATED TERMS
  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. Financial System

    A financial system can be defined at the global, regional or ...
  3. Hong Kong Stock Exchange (HKG) ...

    One of the world's largest securities markets by market capitalization, ...
  4. Asset Management

    1. The management of a client's investments by a financial services ...
  5. Corporate Finance

    1) The financial activities related to running a corporation. ...
  6. Futures Contract

    A contractual agreement, generally made on the trading floor ...
Related Articles
  1. Investing In China
    Investing Basics

    Investing In China

  2. The Pitfalls Of Financial Regulation
    Economics

    The Pitfalls Of Financial Regulation

  3. The Advantage Of Intermarket Analysis
    Active Trading

    The Advantage Of Intermarket Analysis

  4. Can Investors Trust Official Statistics?
    Economics

    Can Investors Trust Official Statistics?

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center