(04-12-2013, 07:42 PM)CityFarmer Wrote:(04-12-2013, 07:30 PM)cfa Wrote:(04-12-2013, 09:38 AM)CityFarmer Wrote:(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.
How SGX handled countless fraudulent of S chips are fair , orderly and transparent ?
Do you mean that SGX should protect irrational investment behaviour?
Do you mean Listed companies with fraudulence committed by management should be protected by SGX ?
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.