The most efficient way to deter wrongdoing by rogue fund managers is to impose heavy fines and penalties. However, both the financial and judicial authorities must realize that only prompt prosecution and a high conviction rate for financial crimes can really help investors gain confidence in the government and improve the health of capital markets. In the end, no matter what the government plans to do to improve the state funds’ risk management and investment returns, all people ask is that the government be worthy of their tax money.
Sun, Apr 21, 2013 - Page 8 News List
This story has been viewed 1491 times.
Listing from 2014-09-11 to 2014-09-18
- Most read
- Most e-mailed
1US dollar climbs most in 10 months
2Apple iPhone demand delays shipments
3China’s central bank to inject US$81bn
4Goldman leads US banks in tapping local cash pile
5In Minecraft, tech giants see more than fun