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Neoh backs change to rules after Chen case

The stock exchange will be challenged to devise ways to avoid conflicts of interests for its ruling council members in future discussions with the Securities and Futures Commission, according to commission chairman Anthony Neoh.

Mr Neoh's call comes in the wake of Monday's High Court acquittal of council member Chen Po-sum on charges related to accepting money in the transfer of exchange seats.

Despite her acquittal, some still believe the rules surrounding conflicts of interest among council members remain a grey area which should be clarified.

The exchange would need to look into Mrs Chen's case before the commission became involved in the issue.

Exchange sources said the matter would be discussed at the next monthly meeting of the ruling council on June 4.

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