Not exact matches
Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014 / 65 / EU on markets in financial instruments, as amended, or MiFID II; (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures, together, the MiFID II Product Governance Requirements, and disclaiming all and any liability,
whether arising in tort, contract or otherwise, which any «manufacturer» (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the ADSs and
ordinary shares have been subject to a product approval process, which has determined that such securities are: (i) compatible with an end target market of retail
investors and
investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II, or the Target Market Assessment.
Accordingly, this prospectus and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the ADSs or
ordinary shares may not be circulated or distributed, nor may the securities be offered or sold, or be made the subject of an invitation for subscription or purchase,
whether directly or indirectly, to persons in Singapore other than (i) to an institutional
investor pursuant to Section 274 of the Securities and Futures Act, Chapter 289 of Singapore, or SFA, (ii) to a relevant person (as defined in Section 275 (2) of the SFA), or any person pursuant to Section 275 (1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA.
A bigger question is
whether there is a push to rethink the components of the bigger indexes themselves, which are a core holding of millions of institutional and
ordinary investors alike.
However, it is difficult for an
ordinary investor to determine
whether the real estate market has hit the rock bottom or it has become blown into a bubble about burst.
And therefore it requires different tactics from that of the
ordinary Ponzi scheme, such as offering returns only moderately above average, satisfying redemption requests promptly, turning down some would - be
investors (it would be interesting to know
whether there was a tendency to turn down
investors who might prove nosy or suspicious), and trading on a reputation earned in a legitimate business (Madoff's business of market making).
Nasdaq's imprimatur might make a significant difference for
ordinary investors who might be on the fence about
whether to buy digital currency.
In an article recommended by Baidu Baijia, Xiao Lei states «as an
ordinary investor, I am concerned about
whether bitcoin investment can make money.