Tsui, Hon Wai 徐漢偉
Retail investor Tsui Hon Wai sentenced for false trading
SFC, 16-Jul-2010
Comment: the SFC contended that he intended the matched trades and wash trades "to attract buyers to the stock so he could sell out at better prices" - but if an increase in volume really attracts buyers, then why wouldn't it also attract sellers? We have trouble following the logic of the SFC's contention.
SFC, 16-Jul-2010
Comment: the SFC contended that he intended the matched trades and wash trades "to attract buyers to the stock so he could sell out at better prices" - but if an increase in volume really attracts buyers, then why wouldn't it also attract sellers? We have trouble following the logic of the SFC's contention.
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