Singapore Considers Regulation Of Leveraged FX Trading Services
REGULATIONS
The Monetary Authority of Singapore (MAS) is considering regulating the growing group of small financial companies commonly referred to as leveraged foreign exchange trading services. Singapore Forex president Eddie Tan says this is something his group cussed with the MAS more than 18 months ago and that the announcement earlier this month by Minister for Finance, Dr. Richard Hu, is proof that the talks are making progress.
Speaking at a financial conference in Singapore, Dr Hu said the Singapore
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