In a consultation paper released late last month, the Monetary Authority of Singapore (MAS) proposed new measures to strengthen investors’ ability to seek civil compensation for market misconduct.
“An effective investor recourse regime gives investors greater confidence to participate in the securities market,” MAS said. The reforms aim to “facilitate self-organization, provide access to funding and reduce legal barriers to civil action,” the regulator explained, matters with which retail investors often struggle when pursuing claims.
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