Financial Times FT.com

Ex-Goldman adviser banned by HK watchdog

By Justine Lau in Hong Kong

Published: July 9 2009 20:39 | Last updated: July 9 2009 20:39

A former Goldman Sachs client adviser has been banned from re-entering the Hong Kong securities industry for two years after she admitted making unauthorised trades on behalf of a client, the market regulator said on Thursday.

Ronnie Wong, who left Goldman last year, bought so-called accumulators for a client without approval in November 2007, said the Securities and Futures Commission. The transaction had a total exposure of HK$13.8m ($1.8m), said the regulator.

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