Singapore distributors appoint independent parties to oversee investigations into product misselling

Structuredproductsonline.com, 24 Sep 2008, Matt Cameron

Structured products distributors in Singapore, which sold DBS High Notes 5, Lehman Minibonds and Merrill Lynch Jubilee Series 3 LinkEarner Notes, in consultation with the Monetary Authority of Singapore (Mas) have appointed independent parties to oversee their complaints handling processes and investigations into any misselling of these products. The independent party is intended to assure investors that their complaints will be heard, documented and reviewed fairly and swiftly.

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