Thursday, October 9, 2008

Petition has been lodged

I have people asking me to add their names to the Petition that has been lodged. This is not necessary.

The Petition ask the Government to investigate. It is NOT the channel to register your claims against the distributor. It does not replace the work that you have to do to lodge your complaint with the distributor and FiDREC. It does not matter to your claim, if your name does not appear in the Petition.

You should lodge their complaint to the CEO of the financial institution that distributed the structured product. Read this webpage:
http://www.moneysense.gov.sg/publications/guides_publications/Consumer_Portal_Redress_Guide.html