SGX asking for public views

The SGX is asking the public for views on whether it is ok to let banks become trading members, ie full time brokers to trade in stocks. Is this a fair proposition to ask the public? In the case of locking up the people's CPF savings through minimum sum, CPF Life, locking them up in the Medisave, the public's view was not sought. They just do it without any need for consultation when it should as