Internet reports that the Hong Kong Securities and Futures Commission launched a consultation today aimed at restricting unregulated institutions from improperly adopting names that may lead the public to mistake them for regulated institutions. In this regard, in order to keep pace with recent developments, the SFC proposes to expand the existing list of restricted names under the Securities and Futures Ordinance. In addition, the proposal extends the scope of restrictions to commonly used words with a meaning similar to "exchange" and terms that generally refer to certain financial products and platforms regulated by the Securities and Futures Ordinance. The recommendations will also cover titles that may imply links to existing exchanges, virtual asset trading platforms and other similar institutions.