Posts Tagged ‘practice’
Thumbs up for ending estate agents dual role
November 26th, 2009 | 
Author: A PROPOSAL to ban property agents from representing both the seller and buyer in the same transaction has generated strong public interest – with many giving the idea the thumbs up.
This practice, widespread in the HDB resale market, leaves the agent with a clear conflict of interest.
But there is likely to be resistance from some agents who stand to lose commissions if it is implemented.
The pr… more
Posted in Singapore Financial News | 
Tags: agent, buyer, commissions, conflict, conflict of interest, giving, HDB, hdb resale, idea, interest, market, practice, property, proposal, public interest, resale, resale market, resistance, seller, transaction | 
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Pay cut at 60 option stays, but bosses urged to be fair
The Government will not remove employers’ legal option to cut a worker’s pay at age 60, but Manpower Minister Gan Kim Yong wants bosses to show fairness and flexibility.
Weighing in on the issue after the labour movement’s call to review the longstanding practice, he agreed yesterday that companies should not automatically resort to a 10 per cent salary cut – the maximum allowed by law – without c… more
Posted in Singapore Financial News |
Tags: age, Call, cent, cut, fairness, flexibility, gan kim yong, government, issue, Kim Yong, labour, labour movement, law, legal option, longstanding practice, MANPOWER, maximum, Minister Gan, movement, Option, pay, practice, salary, worker, yesterday |
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Move to ban one agent for buyer and seller under study
THE Government is contemplating a move to ban property agents from engaging in the widespread practice of representing both the seller and buyer of an HDB flat in the same transaction.
The idea is set to get the thumbs up from home buyers and sellers, but could leave some agents unhappy at a potential loss of commission income.
The proposal was released yesterday by the Ministry of National Develo… more
Posted in Singapore Financial News |
Tags: buyer, buyers and sellers, Commission, commission income, Develo, government, HDB, hdb flat, home, home buyers, idea, income, loss, Ministry, move, National, practice, property, proposal, seller, transaction, yesterday |
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Nasdaq to stop offering flash trading Sept. 1
The operator of the Nasdaq stock market said Thursday it will stop a practice that gives some brokerages a split-second advantage in buying or selling stocks.
Posted in Stocks Unit Trust ETF Investment |
Tags: advantage, brokerages, market, Nasdaq, nasdaq stock market, operator, practice, selling stocks, stock, Thursday |
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SEC moving toward banning flash orders
The Securities and Exchange Commission is moving toward banning a trading practice that gives some brokerages a split-second advantage in buying or selling stocks.
