MAS crowdfunding proposals draw mixed views
Lower capital requirements welcomed, but restricted investor pool in contention
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Singapore
NEW proposals by the Monetary Authority of Singapore (MAS) to help develop a securities crowdfunding market has earned limited praise from the industry for bringing clarity to the fog of a frontier business.
MAS on Monday sought feedback on proposals to lower the capital burden on platform operators, but continued to restrict such marketplaces to sophisticated investors and to ban deal-related marketing to the public.
