Ashley Alder, Chief Executive Officer of Hong Kong Securities and Futures Commission, addresses the Pan Asian Regulatory Summit by Thomas Reuters in Hong Kong, China October 10, 2017. REUTERS/Bobby Yip
Alder lasted longer than his predecessor Martin Wheatley, who left after just five years, but didn’t necessarily achieve much more. One of the defining debates of his tenure was the question of whether to let companies list on the city’s stock market with multiple classes of shares, a classic way of giving founders control beyond their economic stakes.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong seeks new traffic cop for wonky marketAshley Alder made the best of a middling job as chief securities regulator. He made progress fighting shoddy IPOs, though failed to stop dual-voting share structures. His successor could tackle the SFC’s slow enforcement, but will still be stuck between powerful vested interests.
Source: Breakingviews - 🏆 470. / 51 Read more »