4 days ago
Retail investors hurt by market misconduct may get easier access to legal recourse
Retail investors facing losses due to market misconduct may soon find it easier to seek civil recourse. The Monetary Authority of Singapore (MAS) is looking at ways to enhance safeguards, including a grant scheme to cut back on legal costs. At the same time, new fund strategies and research support will also be rolled out to strengthen the local equities market. Deputy Chairman of the Global Finance and Technology Network Neil Parekh, who is also a member of the Equities Market Review Group, explains what structural issues MAS is aiming to solve and whether its latest moves would meaningfully shift investor sentiment or trading volumes. He also talks about some benchmarks we could look for to determine whether the efforts to revitalise Singapore's stock market is succeeding or not.
