Hong Kong Financial Watchdog Bans an Ex-HSBC Broking Forex Trader for Life
HSBC Broking has already paid over $70 million to the affected clients to compensate them for their losses.

Hong Kong’s Securities and Futures Commission (SFC) announced today that it has banned Mr Lam Yuk Wai, from re-entering the financial industry for a lifetime over his dishonesty and the harm he has done to clients. He is a former staff member of HSBC Broking Securities (Asia), HSBC Broking Futures (Asia), HSBC Broking Futures (Hong Kong) and HSBC Broking Forex (Asia).
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