Following the 2008 Financial Crisis, many market participants lost money and cried foul over sophisticated market instruments. They sought compensation from financial institutions who developed and sold such instruments. They reasoned that they were sold investment products that they did not fully understand and were ignorant of the risks involved.
Authorities needed a solution moving forward. The courts cannot always be entertaining such claims. And the solution was developed around the deemed awareness arising either from 1) One’s Relevant Personal Education 2) One’s Recent Instrument Handling Experience or 3) One’s Occupation. Access to the instrument is blocked until deemed awareness is established.
[…] This is not for faint hearts. In fact, scalping involves derivatives with leverage such that the MAS deems them Specified Investment Products (SIPs) and you got to meet some criteria before access to them can be … […]
[…] seriously for this time period of writing, in a falling market, you ought to pass/clear your CKA/CAR to have access to instrument/s that can short the market. Even you are just seeking to protect your […]
[…] all blog posts.) And seriously for this time period of writing, in a falling market, you ought to pass/clear your CKA/CAR to have access to instrument/s that can short the market. Even you are just seeking to protect your […]
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[…] This is not for faint hearts. In fact, scalping involves derivatives with leverage such that the MAS deems them Specified Investment Products (SIPs) and you got to meet some criteria before access to them can be … […]
[…] investment arsenal and you might not be granted access (even if you want to), because it is a Specified Investment Product […]
[…] seriously for this time period of writing, in a falling market, you ought to pass/clear your CKA/CAR to have access to instrument/s that can short the market. Even you are just seeking to protect your […]
[…] all blog posts.) And seriously for this time period of writing, in a falling market, you ought to pass/clear your CKA/CAR to have access to instrument/s that can short the market. Even you are just seeking to protect your […]
[…] Daily Leverage Certificates are Specified Investment Products. […]
[…] Daily Leverage Certificates are Specified Investment Products. […]
[…] Daily Leverage Certificates are Specified Investment Products. […]
[…] Daily Leverage Certificates are Specified Investment Products. […]
[…] Daily Leverage Certificates are Specified Investment Products. […]