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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Bapepam to regulate discretionary funds

  • Ika Krismantari

    The Jakarta Post

Jakarta | Mon, March 23 2009 | 01:23 pm

PREMIUM Following a series of investment frauds causing multi-trillion losses to customers, the stock market regulator is to draft new regulations on so-called discretionary funds - which are largely unregulated at the present time - to provide investors with more protection. Fuad Rahmany, chairman of the Capital Market and Financial Institution Supervisory Agency (Bapepam-LK), said his office w...