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Onus on companies to monitor information leaks: SGX
WHILE a company is involved in confidential and material discussions, it must closely monitor the trading of its stock, said Tan Boon Gin, chief regulatory officer of the Singapore Exchange (SGX).
If the SGX is investigating suspected insider trading, it will likely refrain from communication to avoid jeopardising investigations, he added.
Mr Tan made these points in a "Regulator's Column" on SGX's website, a page which aims to provide guidance and increase awareness of potential regulatory concerns.
The page can be found here.