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In its board meeting on Wednesday, the market regulator announced reforms to boost transparency in MFs, but deferred a decision that would have strengthened internal governance.

In its board meeting on Wednesday, the market regulator announced reforms to boost transparency in MFs, but deferred a decision that would have strengthened internal governance.

A month on, CAS has only amplified volatility, manipulation and confusion rather than containing them.
The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.
Our story on SME IPOs and Beeline Capital Advisors has been taken down on receipt of a legal notice from Beeline Capital Advisors.
A month on, CAS has only amplified volatility, manipulation and confusion rather than containing them.
The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.
Our story on SME IPOs and Beeline Capital Advisors has been taken down on receipt of a legal notice from Beeline Capital Advisors.