An independent listing committee, tighter listing standards and
stronger enforcement powers for the Singapore Exchange Ltd
(SGX) are among the ideas that regulators are
exploring in the wake of last October's penny stock selloff,
market sources say.
Those ideas are expected to be included in a public
consultation that could open in the next few weeks in what would
be one of the widest-ranging reviews of Singapore's capital
market rules since the global financial crisis, said sources,
who declined to be named because of the sensitivity of the
NOTE: Reuters has not verified this story and does not vouch
for its accuracy.
(Compiled by Singapore Newsroom; Editing by Anand Basu)