MF Global Singapore yet to return S$58m of funds to customers

[Newasia]

SINGAPORE: Eleven months after MF Global Singapore went bust as a result of the bankruptcy of its US based parent, US$58 million of funds attributable to customers remains outstanding.

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1230846/1/.html

 

[Oracle]

Those with huge margin very Cham .

 

[yaosiu]

Sgplians never learn.

 

[johnny333]

MAS is getting involved in regulating foreign operations of companies providing financial services. I've long suspect it is to force firms to set up shop in Spore & not to protect consumers.

What happened with the MF Global reinforces this belief

 

[TracyTan866]

SINGAPORE: Eleven months after MF Global Singapore went bust as a result of the bankruptcy of its US based parent, US$58 million of funds attributable to customers remains outstanding.

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1230846/1/.html

learn abt finances and investments...do your own portfolio management and investments.