REFILE-S'pore to tighten regulation on derivative sales-report

Reuters, 13 Nov 2008, Saeed Azhar

SINGAPORE, Nov 13 (Reuters) - Singapore will introduce stricter measures for sales of structured products, a government minister was quoted as saying, after retail investors suffered hefty losses on products linked to collapsed bank Lehman Brothers.

The measures will be introduced to protect investors who are less-knowledgeable, 938live radio quoted senior minister and chairman of the Monetary Authority of Singapore, Goh Chok Tong, as saying in Hong Kong.

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