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Saturday, February 5, 2011

CPFTA now applies to financial services

The Consumer Protection and Fair Trading Act now applies to financial services. I urge consumers, who have been misled into bad investment products, to prepare your case to lodge a complaint under the CPFTA. The fact that you have signed a form does not absolve the financial adviser or the financial institution from their culpability under the CPFTA of misleading the consumer.

Read this FAQ carefully to see which category of wrongdoing the act or negligence may fall under: http://tankinlian.com/admin/file.aspx?id=384

I also wish to ask lawyers to come forward and help to take some of these cases on behalf of consumers. Please charge modest fees as the consumer is not able to pay high fees. You may get a chance to make a name for your firm as doing good for consumers and for society. If you are interested, send an email to kinlian@gmail.com.

Tan Kin Lian

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