THE Securities and Futures Commission has suspended the dealer registration licence of Law Siu-yau, who trades as Hope & Co, for a period of five days for having aided and abetted an unregistered dealer's representative. The registrations of two of Law's representatives, Cham Pui and Kou Wing Yeung-shaun, were also suspended, in Cham's case for five days and in Wing's for three. A commission spokesman said: 'These are cases where the brokers have blatantly disregarded the requirements for registration. 'The commission will take positive disciplinary action against brokers who choose to ignore or circumvent the licensing regime, which has been put in place for the protection of investors.' The commission said the actions against Law resulted from his having pleaded guilty on March 28 in Western Magistracy to a summons in connection with his aiding and abetting an unregistered dealer's representative. Cham and Kou had pleaded guilty in the South Kowloon Magistracy on March 13 to summonses in connection with Cham dealing in securities without being registered as a dealer at a premises that was not a registered branch of Hope & Co. The commission said Law had employed an unregistered dealer's representative knowing that the person was an undischarged bankrupt. Law and Cham had been previously warned by the commission of the illegality of their operating in unregistered premises. The commission said Cham had continued to operate on the unregistered premises by employing an unregistered person, whose orders had been accepted by Kou. It said Kou had knowingly accepted clients' orders from three other unregistered persons and had also lied to commission staff in an investigation under section 133 of the Securities and Futures Commission Ordinance in connection with Law's employment of an unregistered dealer's representative.