In a statement on its website, the Hong Kong Securities and Futures Commission noted that the CFTC Part 30.10 exemptive order granted last week, potentially enables qualifying brokers in Hong Kong to solicit and accept orders and funds directly from US persons on all non-US exchanges authorized by SFC, including the Hong Kong Futures Exchange. The express language of the CFTC order had suggested that qualified HK brokers could only offer US persons services “with respect to transactions on a foreign futures and options exchange located in Hong Kong” under SFC oversight.