Shengli Securities approved to provide discretionary account management services for virtual assets to retail and professional investors
Online report, Shengli Securities (Victory Securities) announced that it has formally obtained two important virtual asset business approvals from the Hong Kong Securities and Futures Commission to provide virtual asset (VA)-related products and services: 1) Approved to provide virtual asset discretionary account management services to retail and professional investors (Discretionary Account Management Services (DAMS), which invests in spot virtual assets, virtual asset futures and virtual asset options in accordance with the SFC's suitability regulations; 2) is allowed to distribute virtual asset structured products purchased and settled in kind to professional investors.
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