(5) For the purposes of
this section "misconduct"
means
-
(a)
any failure to comply
with the requirements
of this Ordinance or
the Securities and
Futures Commission
Ordinance 1989 ( of
1989) or any
regulations made
thereunder with
respect to dealers,
commodity trading
advisers, dealers'
representatives or
commodity trading
advisers'
representatives, as
the case may be;
(b)
any failure to
observe the terms and
conditions of a
certificate of
registration;