Poll results: Retail financial products
| Current time: | 2023-04-02 19:49:16 |
| Closing time: | 2008-11-21 18:00:00 |
| Time remaining: | Poll closed |
Introduction
How can Hong Kong reform the regulatory system for sales of financial products? Read our article Lessons from Lehman Minibonds and then tell us what you think.
1. Should Hong Kong have a unified financial services regulator, merging the SFC, MPFA, OCI and HKMA's regulatory functions?
| Answer | Responses | Share |
|---|---|---|
| Yes | 625 | 81.1% |
| No | 85 | 11.0% |
| Undecided | 61 | 7.9% |
| Total | 771 | 100.0% |
2. Should there be a statutory cooling-off period for cancellation of purchases of financial products?
| Answer | Responses | Share |
|---|---|---|
| Yes | 629 | 81.6% |
| No | 101 | 13.1% |
| Undecided | 41 | 5.3% |
| Total | 771 | 100.0% |
3. Should there be mandatory disclosure of sales commissions in all marketing and contractual documents for financial products?
| Answer | Responses | Share |
|---|---|---|
| Yes | 654 | 84.7% |
| No | 71 | 9.2% |
| Undecided | 47 | 6.1% |
| Total | 772 | 100.0% |
4. Should HK simply ban the retail sale of structured financial products?
| Answer | Responses | Share |
|---|---|---|
| Yes | 164 | 21.2% |
| No | 529 | 68.5% |
| Undecided | 79 | 10.2% |
| Total | 772 | 100.0% |
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