title = "SFC Regulatory Compliance"

content = """
The Securities and Futures Commission (SFC) regulates Hong Kong's securities and futures
markets. Trading desk operations must comply with SFC rules on conduct, reporting, and
client protection.

**Licensing** requires appropriate registration for dealing, advising, and asset management.
Personnel must hold relevant SFC qualifications and comply with CPD requirements.

**Client Order Handling** demands best execution, timely execution, and fair treatment.
Order allocation and aggregation rules prevent conflicts of interest.

**Reporting** obligations include large position reporting, short selling disclosure, and
transaction reporting. Timely and accurate submission is mandatory.

**Conduct of Business** rules govern client agreements, risk disclosures, suitability,
and complaint handling. Documentation and record-keeping requirements are extensive.

**Market Misconduct** prohibitions cover insider dealing, market manipulation, and false
trading. Surveillance and Chinese walls support compliance.
"""

version = "0.0.1"
