A WhatsApp forward claims the SFC has no power to stop unlicensed firms from naming themselves things like "stock exchange" or "futures market". In fact, Section 34 of the Securities and Futures Ordinance "禁止任何人在未經證監會授權或無合理辯解下，使用或採用若干稱銜", and "任何違規行為都可構成《證券及期貨條例》下的罪行". Verify a platform's licensing status on the SFC public register; this is not investment advice.