Sunday, October 06, 2013

SGX as regulator

This kind of activities that keep happening in Singapore Stock Market certainly erodes investors confidence :

















Wonder what is SGX doing all these while. Besides maximizing revenue... Have they failed in their role as regulator? And how can SGX do a good job as a regulator when they themselves are a listed company in Singapore Stock Exchange? Isn't there a conflict of interest in their dual roles as a regulator as well as operator of the stock exchange? Isn't it contradicting? And why is MAS role so hands off? Seriously, something is wrong with the current structure don't you think?

*Not vested.