POPA ReconCSRC Files Cases Against Brokers Tiger, MooMoo (Futu), Longbridge, Plans to Confiscate All Illegal Gains of Relevant Onshore/ Offshore…
CSRC Files Cases Against Brokers Tiger, MooMoo (Futu), Longbridge, Plans to Confiscate All Illegal Gains of Relevant Onshore/ Offshore Entities and Impose Severe Penalties The China Securities Regulatory Commission (CSRC) announced that it has recently filed cases against relevant onshore and offshore entities of Tiger Brokers (NZ) Limited (Tiger), Futu Securities International (Hong Kong), and Longbridge Securities (Hong Kong) for suspected illegal operation of securities business within mainland China, and has issued prior notices of administrative penalties in accordance with the law Both…
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