From Straits Times report:
Mr Lim also addressed Mr Low’s question on whether structured products were low-risk or safe.
The Minister said that the product’s prospectus would have outlined the risks: ‘These are explained in the first page or second page , that these are structured products and it’s in bold print, that you can lose everything.
‘So MAS has never said that these are risk-free products or low-risk products or safe products.’
Part One:
Part Two:
For just US$7.50 a month, sign up as a subscriber on The Online Citizen Asia (and enjoy ads-free experience on our site) to support our mission to transform TOC into an alternative mainstream press.
