The stock market watchdog, the Securities and Futures Commission, reprimanded two dealing directors and a director of SEG International Securities (HK) yesterday over breaches of the Securities Ordinance. The public reprimand came after a year-long inquiry from April 1999. The securities regulator found Tam Cham-kai and Lau Cheung-man, both registered as dealing directors of SEG, gave approval for six employees and Wong Kong-yui, a director of SEG, to solicit clients and handle clients' orders while not registered with the SFC. Mr Wong was also found responsible for recruiting one of the six unregistered employees. The SFC said 'the matters impugned the fitness and properness of Tam and Lau' and Mr Wong was found 'not a fit and proper person to be a director of SEG'.