04-12-2013, 09:38 AM
(04-12-2013, 09:04 AM)valueinvestor Wrote: Read Forum of ST today :
SGX CEO Magnus Bocker urged investors to divest themselves of the shares of the companies that do not act responsibly.
The regulatory dy chief regulatory office, Richard Teng said ; As regulators, you do want to prescribe more and more rules. There is a cost to having new rules.
Maybe they were just joking ?
That is reasonable to me. SGX is a regulator, not investment banker. One of the key mandates is to ensure fair, orderly and transparent market, rather to protect irrational investment behaviour.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡