Reform on regulation of listing sponsors wins wide support

The Securities and Futures Commission's controversial plan to tighten regulation on sponsors of new listings has gained community support, according to outgoing chairman Eddy Fong Ching.

Fong said the regulator was likely to reach a conclusion on how to implement the sponsor regulatory reform in late November or early December.

via Business feed http://www.scmp.com/business/banking-finance/article/1063538/reform-regulation-listing-sponsors-wins-wide-support