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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 ?
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(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 ?
so how does SGX manage its regulation role and its business role at the same time?
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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(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
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(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 ?
“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.
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(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?
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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04-12-2013, 07:54 PM
(This post was last modified: 04-12-2013, 08:00 PM by cfa.)
(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.
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(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?
Where/Who ever mentioned that sgx should protect irrational investment behaviour ? Why put words into other mouths ?
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(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?
And what do you suggest SGX should have done? By extension, do you also blame the auditors for not uncovering these frauds since they have access to the company records? It is easy for us to say this should be done, that should be done, but in actual fact these things are just easier say than done.
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04-12-2013, 09:10 PM
(This post was last modified: 04-12-2013, 09:11 PM by cfa.)
(04-12-2013, 08:59 PM)Ben Wrote: (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?
And what do you suggest SGX should have done? By extension, do you also blame the auditors for not uncovering these frauds since they have access to the company records? It is easy for us to say this should be done, that should be done, but in actual fact these things are just easier say than done.
You meant SGX will listen to suggestions from retail investors ?
Look at China Sky and other S chips , many have written to SGX/Sias but do SGX listen to them?
And what do you suggest the investing publics should do so that SGX will listen to them ?
“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.
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(04-12-2013, 07:54 PM)cfa Wrote: (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 ?
Most if not all were punished in one way or the other by SGX, weren't they?
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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