tag:blogger.com,1999:blog-11702093.post8039487442330601410..comments2024-03-28T17:36:33.351+08:00Comments on Tan Kin Lian's Blog: Not to be retailed in USATan Kin Lianhttp://www.blogger.com/profile/00617069056914635271noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-11702093.post-25512963418388987072008-10-08T15:34:00.000+08:002008-10-08T15:34:00.000+08:00Yes, its due to tax reasons. After reading the blo...Yes, its due to tax reasons. After reading the blog, i find a few people like to blame singapore or anywhere/anyone except US. =)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-57120870884314306432008-10-06T11:58:00.001+08:002008-10-06T11:58:00.001+08:00They can't be sold to US citizens for tax reasons....They can't be sold to US citizens for tax reasons. Nothing to do with protection.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-34793596719247370122008-10-05T01:14:00.000+08:002008-10-05T01:14:00.000+08:00I agree with VS Lingam. The financial institutions...I agree with VS Lingam. The financial institutions dare not sell these toxic products in the USA because they will face the wrath of the regulator and the court. <BR/><BR/>The regulatory regime in Singapore is too light. This is why they are able to sell these bad products here. The elderly folks got hit the hardest.Tan Kin Lianhttps://www.blogger.com/profile/00617069056914635271noreply@blogger.comtag:blogger.com,1999:blog-11702093.post-89017323126493530062008-10-03T23:24:00.000+08:002008-10-03T23:24:00.000+08:00If I may offer a possible explanation.The USA cons...If I may offer a possible explanation.<BR/><BR/>The USA consumer rights law is extremely powerful. If a US citizen buys this product and there is a fiasco, the FIs and Issuers can be sued to the millions. So these bond issuers sell them in "3rd world" countries to protect themselves from foreign lawsuits.<BR/><BR/>- VS Lingamsymmetrixhttps://www.blogger.com/profile/03102005781308329328noreply@blogger.comtag:blogger.com,1999:blog-11702093.post-55158624866883790312008-10-03T22:20:00.000+08:002008-10-03T22:20:00.000+08:00These products cannot be sold to US Persons becaus...These products cannot be sold to US Persons because they are not registered in USA; and not because of product suitability or that US government is protecting its citizen.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-62624423299681967822008-10-03T22:13:00.000+08:002008-10-03T22:13:00.000+08:00us citizens can't buy any investment products beco...us citizens can't buy any investment products becoz of tax laws if i'm not wrongAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-14047231142797684822008-10-03T21:52:00.000+08:002008-10-03T21:52:00.000+08:00we are surprised why the products cannot be sold t...we are surprised why the products cannot be sold to US citizen ? Then the authorities here should also ensured why they are allowed to be sold to locals. Thanks<BR/><BR/><BR/>Regards<BR/>PatrickAnonymousnoreply@blogger.com