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Thursday, November 15, 2012

Tighten rules on advertising of investment schemes

I am disappointed at the reply of the DPM cum Finance Minister in Parliament. After so many people have been "cheated" in bad investment schemes, he still does not want to get MAS to be more active in policing the suspected schemes. I do not expect MAS to catch every bad scheme, but the high profile schemse can be stopped much earlier, if MAS were to ask the promoters to visit MAS for a "discussion".

http://www.todayonline.com/Singapore/EDC121116-0000049/MAS-looks-to-tighten-ad-rules-for-investment-schemes

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