The CAD has rejected an application for the release of her passport from a director of landbanking firm Profitable Plots, reports the 19th May 2011 edition of The Straits Times (Director wants passport back from cops).
The lady, a Singaporean, claims that she could not afford to live in Singapore [...]
Another company involved in gold trading/gold membership has been listed on MAS’s Investor Alert List.
Go to MAS Investor Alert List here and search for Gold Insignia LLP.
An investor, who has been sued by a French bank for $6.4m for losses from Accumulators, will get a new hearing after he appealed against a High Court decision in favor of the bank, reports the 20th April issue of The Straits Times (Investor sued for $6.4m gets new hearing).
Contrary to the popular image investment intermediaries try to project, they can only keep you rich, not make you rich! Read the article – Your Investment Adviser Can Make You Rich?! Thank Again to learn more!
Well, not actually everyone, but the great majority.
From brokerages to exchanges to banks to trading ‘Master Trainers’ to financial advisers, practically the whole investment intermediary business encourages trading to different extends.
Brokerages offer many online charting tools and disseminate investment calls to ‘help’ investors trade better . Exchanges offer trading [...]
A local insurer has launched a FA company that is a hybrid between a agency only model and the FA model. The new company, which targets the mass affluent, will offer life insurance from the insurer (with the exception of products from a foreign insurer), general insurance from multiple companies and unit trust [...]
In the continuation of the court case between the Criminal Affairs Department (CAD) and Profitable Plots as reported by the 10th March 2011 edition of The Straits Times (CAD wrapping up Profitable Plots probe), district Jude Roy Neighblour has ‘ordered CAD to provide the next update on July 8‘. It was also reviewed [...]
We are constantly being bombarded with new information. These info are often biased and we, the information recepians, are often not aware of these biases. Just like to share some recent incidents that highlighted the information asymmetry we face.
Incident 1
There have been widespread reporting on the charges a well-known [...]
Genneva Pte Ltd has been placed into the Monetary Authority of Singapore’s (MAS) Investor Alert List. Click the link here and search for Genneva. The news was reported in the 19th February 2011 edition of The Business Times – Golden fleece. Readers can access the article
Traditionally, any forms of investment other than cash, equities and bonds are considered as an alternative investment. That includes properties, commodities and hedge funds. Although classified in the same category, the difference in approach to investments for the alternative class as different as apples and oranges. Are hedge funds, a form [...]