A Petition, organized by ex-NTUC Income CEO, to seek for general offer of compensation to investors affected by failed structured investment products, was sent to the Prime Minister on 26 August. The Prime Minister's office forwarded it to the Monetary Authority of Singapore. A reply (31 August 2009) from Andrew Khoo, Director, Capital Markets of MAS can be found in the below link.
The Reply from MAS [via]
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