10-07-2014, 11:43 AM
(This post was last modified: 10-07-2014, 11:45 AM by specuvestor.)
(10-07-2014, 09:51 AM)CityFarmer Wrote: I understand the point, and seems a fair proposal. One concern is unnecessary compliance cost for the investment opportunities. Next concern is, are there execution issues? Last concern is, will the same principle of regulation eventually applies to other investments e.g. antiques and collectibles, down to deals between two individuals.
Like I said if there is no commission of any kind involved in the transaction then no regulation is needed. It can be transaction between 2 friends or internet for an INVESTMENT PRODUCT. So if it is wine or antique or durian farms

Do you think that it then makes sense for regulated entities to be more regulated and non regulated entities to have free rein, over the same pool of unsophisticated retail investors?
(10-07-2014, 10:12 AM)CityFarmer Wrote: Now we back to execution, I assume we do agree on the principle that "if it is not excluded it can be done".
I assume oversea property agents are complying the same rule as local property agent. The discussion here is, on top of that, the oversea property agent should comply with same rule as investment fund managers. We can't apply all basketball game rule to soccer game, right?
Alert list is proper, but it doesn't mean no further improvement to protect local investors. More should be done, but not as an expense of penalizing the innocence.
As long as you play basketball only in a basket ball court, yes the principle is right

I think we need to confirm if these overseas property agents are complying with same rules. I don't think the agents for Landbanking for example have a property license. But yes they should have same level playing field. It is a mistake to segregate foreign investments as not under MAS supervision when it affects local mass market. Again if accredited then its not MAS problem.
I've heard of innocent investors, never innocent fund raisers

Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)