December 21, 2015 BY Maria Nikolova

Hong Kong's SFC warns against clone of Goldman Sachs

Hong Kong's Securities and Futures Commission (SFC) has earlier today updated its Alert List of unlicensed investment companies, with the latest addition being Hong Kong Goldman Sachs Financial Investment Ltd, a company which is misusing the name of international financial services giant Goldman Sachs Group Inc (NYSE:GS). The case exemplifies the practice of business cloning,…

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