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MPs want more protection for investors
Tue, Jan 20, 2009
The Straits Times

TWO MPs have called for further revisions to legislation governing investment products as changes to these laws were passed in Parliament yesterday.

They want additional revisions to the Securities and Futures Act and the Financial Advisers Act to protect investors better, in the light of the lessons from the mis-selling of structured products linked to the collapsed Lehman Brothers.

Mr Inderjit Singh (Ang Mo Kio GRC) and Nominated MP Siew Kum Hong urged the Government to act quickly to prevent another Minibonds saga.

 

 

 


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