| 2011_01_02_SMH | AN EYE TO THE FUTURE Ms Dent has some words of wisdom. However, it is difficult for investors to make informed decisions if ASIC continues to let the rip-off merchants do what they like. |
| 2011_01_02_GreekReporter | GREEK OWN STORM FINANCIAL INSITUTION HAS $3 BILLION IN LIABILITIES As I keep saying, why hasn't ASIC prosecuted the banks if they acted illegally? |
| 2011_01_02_MSNBC | SUBPRIME LEMDERS REMAKE THEMSELVES AS FIXERS Where is ASIC? |
| 2011_01_03_HeraldSun | COST OF A FINANCIAL PLAN PUTS MANY OFF Past experience with the accuracy lf the plan isalso a major factor. |
| 2011_01_05_IFA_Online | REVEALED: FLAWS IN THE OZ STUDY USED TO 'JUSTIFY' RDR Statistics don't mean much if the investigation stage is flawed. |
| 2011_01_06_AFR | ASIC MUST ACT WITH UTMOST FAIRNESS That would be a new experience for ASIC. |
| 2011_01_10_MoneyManagement | PIS ENTERS AN ENFORCEABLE UNDERTAKING WITH ASIC Did something wrong? Just take an EU from the bucket over there. |
| 2011_01_12_moneyManagement | ASIC REFINES SHORT SELLING RULES A step in the right direction. |
| 2011_01_13_TheNewLawyer | RULE OF LAW UPHELD IN ASIC AND HARDIE CASE: WXPERTS That's another case in which ASIC lost |
| DECISION COULD CHANGE PROESECUTION LANDSCAPE Case will show standard required by courts. - |
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| 2011_01_15_AFR | ASIC APPEALS TO HIGH COURT ON HARDIE |
| 2011_01_15_TheAustralian | WATCHDOG TAKES HARDIE TO HIGH COURT If you lose, try, try, again. |
| 2011_01_17_AFR_3 | EXPERIENCE COUNTS, SAY d'ALOISIO A clear dmission ASIC doesn't have the internal expertise to prosecute effevtively. |
| 2011_01_17_AFR_2 | HIGH PROFILE LOSSES WON'T DETER ASIC If you fail, try, try, again. Perhaps ASIC might eventually present the right case for a prosecution. |
| 2011_01_17_AFR | BANKS LASHED OVER CONSUMER PROTECTION LAWS A few prosecutions would be much more effective than a tongue lashing. |
| 2011_01_17_AFR_Editorial | ASIC FACES HUGE CHALLENGES ASIC has been dresssed down by 3 judges in its continuing plethora of lost ccases. What the judges didn't rtrealise is that ASIC regard itself as a law unto itself. |
| 2011_01_17_InsolvencyResources | INSOLVENCY INTERFACE Note the" heavy" fines imposed - hardly a deterrent to those considering breaking the law, |
| 2011_01_18_TheAustralian | SHAREMAKET WATCHDOG TARGETS COMPUTER TRADING I wonder if the will show the same lack of effectiveness as everywere elae? |
| 2011_01_18_ASIC | ASIC SUPERVISION OF MARKETS AND PARTICPANTS: AUGUST TO DECEMBER 2010 It mentions concersn without stating what they are, their seriousness, or what action ASIC is taking. |
| 2011_01_18_AFR | MARKET CRACKDOWN TARGETS BROKERS The "gunna" boys gunna do it again. Will this be an effective first? |
| 2010__01_18_JewellerMagazine | DIAMOND BIZ OPEN OR CLOSED? When documents are supplied to ASIC, are then any rules on proff of ownership? |
| 2011_01_20_StuffCo | HOBBES CASE CONTINUES IN NS COURT |
| 2011_01_22_TheAustralian | ASIC MOUNTAIN OR MOLEHILL LEAVES DIRECTORS IN LIMBO Take your pick. |
| 2011_01_22_HeraldSun | NAB SAYS IT WILL FIGHT SHAREHOLDR CLASS ACTION Not our fault we invested in dodgy products. |
| 2011_01_22_AFR | CANDIDATES QUEUE FOR ASIC It'snice to have a job in which success is not expected. |
| 2011_01_24_BusinessSpectator | ASX URGES ASIC TO TIGHTEN BROKER RULES: REPORT Tightening the rules is one thing - applying them is another. |
| 2011_01_27_TheAge | ASIC IN DOCK OVER POWER TO SUE Does ASIC have the legal power? |
| 2011_01_27_AFR_2 | TRUST RULING LEAVES INVEST0RS IN LIMBO The law is so exact. |
| 2011_01_27_AFR | LAWYERS 1. CHEATED CLIENTS 0 So what else is new? |
| 2011_01_27_SmartCompany | FORMER SYDNEY FINANCIAL ADVISER CHARGED WITH FRAUD Why was it cessary for a former employer to tip ASIC Off? |
| 2011_01_27_SMH | PONZI SCHEME OPERATOR FACES FIVE YEARS JAIL As the money came from investor moinies, why didn't the accounts show this eaerly on? |
| 2011_01_29_SMH | BANKS TO FACE SURGE IN BAD DEBTS AFTER FLOODS More problems for the economy. |
| 2011_01_29_HeraldSun | ABC IN DARK OVER SALE: ASIC ABC board - and the public -kept in the dark about transactions. |
| 2011_01_29_BrisbaneTimes | WATCHDOG SIFFED OUT EMAIL TO CHARGE GROVES Not really sufficient detail released to comment on this one. |
| 2011_02_01_FinancialStandard 2011_02_01_SMH 2011_02_01_WABusinssNews 2011_02_01_ABCNet 2011_02_01_TheAge 2011_02_HeradSun 2011_02_SMH 2011_02_TheAustralian 2011_02_TheAustralian_2 2011_02_02_AFR |
All relate to KPMG agreeing to pay $67m to Westpoint investors. It is intersting to note that ASIC were claimng $200m from KPMG, and they now say the hope to see $160-170 resturned to Westpoint investors when the originally set the recovery figure at $538m. |
| 2011_02_02_SMH_2 | OPT-IN OPTION A MUST My money is on the "big boys" to sqauash the action. |
| 2011_02_03_CourierMail | LESSON IN INVESTOR GREED Terry McCann gets much right in this articele, but goes overboard on investor greed. |
| 2011_02_04_TheAustralian | ASIC BEATS ATO AS TOP SPENDER BUT AGENCIES CUT THE BILL Big bill, but how many court cases did they win? |
| 2011_02_07_InvestorDaily | ASTARRA DIRECTOR PLEADS GUILTY TO DISHONEST CONDUCT A win for ASIC |
| 2011_02_05_SMH | ASIC ON THE PATH OF LEAST RESITANCE AS IT CHASES UP CASH FOR INVESTORS And retrieves only meagre percentages. |
| 2011_02_09_SMH_2 | ASIC LAUNCHES ACTION TO SINK LIQUIDATOR After it went into liquidation. Claim that it traded for three years while insolvent. |
| 2011_02_09_SMH | FINCORP BOSS MAD "BACKDOOR" PAYMENTS TO FAMILY, SAYS DPP A clear case of family sharing! |
| 2011_02_09_InvestorDaily | ASIC SHUTS DOWN DUBIOUS WEBSITES But when do the prosecutions take place? |
| 2011_02_09_ABCOnline | JUDGE FINDS FIREPOWER SHARES SOLD ILLEGALLY. |
| 2011_02_09_InvestorDaily_2 | CLASS ACTION FILED AGAINST COMMONWEALTH FINANCIAL PLANNING That's a major arm of the Commonwealth bank! |
| 2011_02_09_SmartCompany | ASIC MOVES TO SHUT DOWN FOUR FINANCIAL SERVICES WEBSITES True to form, it has only taken a decade befoe ASIC egins moving on the web where spurious information misleads apless investors. |
| 2011_02_11_InvetorDaily | TREASURY RELEASES TAX AGENT SERVICES PRINCIPLES Concentrates on investor protection - perhaps. |
| 2011_02_11_HeraldSun | INSURERS COME UNSTUCK AFTER IGNORING WARNINGS After 13 yers of successful ignoring. |
| 2011_02_11_PerthNow | WESTPOINT REALTY, CAREY MISLEAD CLIENTS That should read Westpoint Realty |
| 2011_02_12_TheAustralian | NORM CAREY AND HIS FIRM WESTPOINT FOUND GUILTY Westpoint Realty Not Westpoint Corporation. . |
| 2011_02_12_TheAge | MACQURIE TAKES ON ASIC OVER STORM CLAIM Accuses ASIC of vexatious litigation. |
| 2011_02_12_AFR | ASIC IN SECOND STORM CLAIM Claims Macquarrie and BoQ acted unconciousably. |
| 2011_02_14_SMH | CORPORATE REGUALTOR'S OFFICE IS THE FORENSIC LAB WHERE LIQUIDATORS' REPORTS GO TO DIE Well said, Adele |
| 2011_02_14_SMH_2 | ASIC FAILS TO ACT AS DIRECTORS EXPLOIT LOOPHOLES he continung story:ASIC failure to act. |
| 2011_02_15_SMH | ASIC READY FOR CENTRO If the directors broke the law, why is it civil case? |
| 2011_02_15_HeraldSun | CASE OVER PAYOUT LOST Propserity loses cases ove $17M to Westpoint investors. |
| 2011_02_15_Rant | I guess that shows how I feel at this point in time. |
| 2011_02_17_HeraldSun | WATCHDOG ASIC GAINS INJUNCTION ON HASSLE FREE A win for ASIC! |
| 2011_02_16_SMH 2011_02_17_TheAustralian_2 2011_02_17_SMH 2011_02_17_AdelideNow |
All relate to Fincorp boss found guilty. Fincorp is a classic cse of ASIC inaction. They had prospectus after prospectus rejected, and on one occasion the court made them give money back beause of a deliberately false and misleading prospectus. As might be expected, ASIC failed to take the obvious course of action on any occasion. |
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ASIC TO PROBE ALLEGATIONS OF $100 M FEE SIPHONING. Double entry bookkeeping and Australian auditors are wondrous beasts. |
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PLANNERS TO DIG IN HEELS OVER GOVERNMENT SUPER REFORMS
It's gunna make it harder for us to rip off the sheep. |
| 2011_02_18_ABCNet | INJUNCTION PROTECTS NIB SHARE HOLDERS FOR FIVE YEARS ASIC sometimes gets thing right - but not often. |
| 2011_02_19_PerthNow | FIREPOWER BOSS TIM JOHNSTON'S LAWYERS QUIT Because he is not telling the truth? Heck, no! It's because he is paying his bills. |
| 2011_02_19_BrisbaneTimes | ACCC REJECTS BANKS' CLAIM Our friendly banking system breaking the law? We would never do that. Just look at the TV ads to see how friendly we are. |
| 2011_02_19_HeraldSun | COLATERAL DAMAGE IN PHONY WAR
A reporter that doesn't trust the banks? |
| 2011_02_21 TheAustralian | FORTESCUE GIVE ASIC ITS TEST CASE ON CONTIUNOUS DISCLOSURE REGIME If it is a test case, its been a long overdue one. What about all of the other cases of non disclosure over the past decade? |
| 2011_03_21_TheAustralian | MARKET SAVVY GREG METCALF GOOD FOR ASIC The next person to receive the poisioned chalice? |
| 2011_03_21_QBR | FORMER GOLD COAST PROPERTY DEVELOPER FACES COURT $2.2 M is a sizeable amount, but small in terms of the "big boys' who hav2 never been charged. |
| 2011_22_InvestorDaily | ASIC BANS PORT PIRIE ADVISER Shouldn't a life ban also brought a criminal prosecution? |
| 2011_02_22_TheAustralian | ASIC OUT TO GET ME WHILE SCAMMERS GO FREE: FORREST Can't argue with the last part of the statement. |
| 2011_03_22_SMH_2 | ASIC'S GOVERNANCE FAILURE ROLLS ON The true never ending story |
| 2011_02_23_AFR | ASIC PLANS CLOSER SURVEILANCE Read the second paragraph - it's proof positive that ASIC has consistently failed in its dutiy to protect investors. |
| 2011_02_23_HeraldSun | SONRAY CAPITAL MARKETS CHIEF SCOTT KENNETH MURRAY PLEADS GUILTY TO 10 CHARGES I wonder how long he will get? |
| 2011_02_25_TheAustralian | REGULATOR GOES EASY ON DARK POOL TRADING UNDER NEW MARKET RULES We will wait another decade, and if there is problem, we will think about it then. |
| 2011_02_25_SMH | WELL DONE US, SAYS ASIC BOSS Just look at all the investor lives that have been destroyed under our rule! |
| 2011_02_25_MoneyManagement_2 | ASIC'S FOFA APPROACH 'SUB-OPTIMAL' Well, what did you expect from ASIC? |
| 2011_02_25_MoneyManagement | ASIC SEEKS TO REGULATE $46.8 BILLION HEDGE FUND MARKET SECTOR |
| 2011_02_25_InvestorDaily | NO FULL FIDUCIARY OBLIGATIONS FOR ADVISERS Why can't there be both if invetor protection is the aim? |
| 2011_02_25_ABCOnline | FORMER STORM FINANCIAL REPRESENTATIE BANNED. Admits he made false and misleading sttemts (which cost investors dearly), so why is there no criminal prosecution? |
| 2011_02_26_AFR | 8 DAYS TRAINING AND YOU'RE A FINANCIAL ADVISER You are now qualified to rip off an unsuspecting public. |
| 2011_02_28_SMH | FORMER OPES PRIME DIRECTOR TO STAND TRIAL What took so long? |
| 2011_02_28_HeraldSun | SCAMMERS ON THE RUN WITH NEW CHANGES About time - if it happens. AIC always had sufficient powers but couldn't be bothered doing the real time monitoring as a matter of course - and failed to step in inemdiately an anomaly raised its head. |
| 2011_03_01_InvestorDaily | OPT-IN ADVICE HEAVY HANDED POLICY It will mean we have to work for our money! |
| 2011_03_01_SMH | ASIC REVEALS CASE ON OPES PRIME COLLAPSE Like I said - it's long overdue. |
| 2011_03_01_AFR | BANKS FEAR PROFIT HIT ON APRA RULING Nice to know there is something they fear. |
| 2011_03_02_AFR | REGULATOR TAKING A CLOSE LOOK AT CFD'S With the same rEsult as all of the other investor tar pits they "looked at" (literally) over the past decade? |
| 2011_03_02_SMH_2 | FIREPOWER BOSS FAILS TO APPEAR IN COURT. It was in regards to a hearing for him to get his passport back. |
| 2011_03_02_SMH | CONSUMERS VULNERABLE Still! After a decade of regulatory faiilure. |
| 2011_03_03_SMH | A BITTER HARVEST HAS BECOME EVEN MORE SO The only winner is the debt collection company. |
| 2011_03_02_WestAustralian | BROKER'S DEFENCE WILL BLAME BANKS Excerpt: "As a result, tragically the banks are now the owners of that equity and as far as I am concerned the banks stole it from them." |
| 2011_03_03_InvestorDaily | ASIC CANCELS PROPERTY FUND AFSL No mention of any punitive penalty for the directors. |
| 2011_03_05_TheAustralian | WESTPOINT CHIEF EXECUTIVE GAIL KELLY HAS HIT OUT AT MOVES BY THE FEDERAL GOVERNMENT TO BAN EXIT FEES Just how much money does the bank earn from exit fees? |
| 2011_03_07_FinancialPlanning | OPININ: IS SCALEABLE ADVICE FEASIBLE My own view is that one has to evaluate the worth of something before buying. If it's value for money, then the punters will buy it. |
| 2011_03_08_TheAustralian | FOUR TIME BOMBS THAT WILL BLOW UP WALL STREET A lesson for Australia? |
| 2011_03_08_BrisbaneTimes | OPES PRIME DIRECTOR IN COURT Not before time. |
| 2011_03_09_BrisbaneTimes | BE TOUGH WITH BANKS: REGULATOR That said, now let's see the action! |
| 2011_03_09_BrisbaneTimes_2 | BANKS CRY FOUL ON RULE CHANGES It's our God given right to rip off the masses. |
| 2011_03_09_QBR | ASIC PROSECUTES 19 QLD COMPANY OFFICERS Only 19? |
| 2011_03_10_SMH | LEAVE TO US, SAYS CLYNE And we will just carry on as before. |
| 2011_03_11_InvestorDaily | FORMER CFPL ADISER BANNED FOR SEVEN YEARS Asic has a rare win. |
| 2011_03_11_Investor_Daily_2 | FINCHLEY LIQUIDATOR CALLS FOR EXTRA FUNDING If ASIC had done its job originally, this would not have been necessary and a lot of investors would not have lost their money. |
| 2011_03_14_InvestorDaily_2 | ASIC TO REVIEW QUALITY OF ADVICE If the quaiity has not been up to scratch, why has ASIC not taken punitive action? |
| 2011_03_14_InvestorDaily | SHORTEN HITS BACK AT FOFA CRITICS Amazing how people perform when they realise they will have to work or teir money. |
| 2011_03_15_theAustralian | BARELY A SLAP OVER THE WRIST FOR BREACHING TAKEOVER PROVISIONSAw. But ASIC are going do somethng like they alwys say but never do! |
| 2011_03_15_inestorDaily | JUDGE CLEARS WAY FOR GREAT SOUTHERN ACION About Time! |
| 2011_03_16_SMH | MURPHY'S LAW PLAYIG A PART IN OPES EPIC That's well know legal defender Chris Murphy |
| 2011_03_16_moneyManagement | ASIC UNILATERALLY URGES AGAINST ASSET-BASED FEES For once, ASIC is probabley right |
| 2011_03_16_heraldSun | FEATHERING WHOSE NEST ON SUPER? The big question: professional maagement that is of no value? |
| 2011_03_16_Complinet | ASIC SETS OUT A 'HIT LIST' FOR FINANCIAL PLANNERS Oncc again ASIC is "gunna do something. A few prosecutions of breches would be a far more effective warning. |
| 2011_03_17_HeraldSun | FORMER MACQUARIE BANK FUND MANAGER WAITS IN JAIL Insider trading in a big way. |
| 2011_03_17_Money Management | SOME SUPPORT ASIC VIEW ON ASSET-BASED FEES Fees on assets don't translate easily into hours worked. |
| 2011_03_17_InvestorDaily | ASIC ACCEPTS ENFOREABLE UNDERTAKING FROM UBS Another EU from the bucket when a prosecution would have served a warning to others. |
| 2011_03_18_SMH | UBS WEALTH ADMITS TO POOR COMPLIANCE, GETS REGULATOR REBUKE Aw, they were only disadvantaging investors. |
| 2011_03_21_HeraldSun | WE PAY BILLIONS FOR NO BENEFIT Terry forgot to mention we pay for a regulator who doesn't regulate. |
| 2101_03_22_TheAustralian | MEDCRAFT TIPPED TO TAKE OVER FOM D'ALOISIO AT ASIC Changing chairs on the Titanic |
| 2011_03_22_NZ_Herald | INSOLVENCY - KILL OR CURE? Worth reading. |
| 2011_03_22_InvestorDaily | NEW URGENCY IN TIMBERCORP CASE Another neverending story |
| 2011_03_22_SMH | D'ALOISIO TO GIVE UP ASIC TOP JOB Not a very successful reign as judged by the punters. |
| 2011_03_22_MoneyManagement | SETTLEMENT PROPOSED IN SANDHURST TRUSTEES ACTION That one involves Fincorp. Wahat about one involving Sandhurst and the Wespoint Mezzanine companies? |
| 2011_03_22_AFR_2 | OFFSHORE BANKING SHAKEN BY TAX RULE That's a nasty rule! Haven't you seen on Tv waht wonderful,caring, people we are? |
| 2011_03_22_AFR | ASIC TO 'SHADOW' FINANCIAL PLANNERS ASIC should have been doing this from the outset - and prosecuting those who transgress the rules. Why were't they? |
| 2011_03_22_InvestorDaily | SHADOW SHOP MUST NOT BECOME AUDIT PROCESS: FPA We don't want anything that can harm us. |
| 2101_03_22_TheAustralian | MEDCRAFT TIPPED TO TAKE OVER FOM D'ALOISIO AT ASIC Changing chairs on the Titanic |
| 2011_03_23_TheAustralian | DEUTSCHE BANK LOSES KEY COURT BATTLE OVER DERIVATIES Does this set a precedent for actions in Australia? |
| 2011_03_23_HeraldSun | CHOOSE YOUR SUPER FUNDS WISELY A bit late for many of us |
| 2011_03_23_BrisbaneTimes | RAMS SAGA TAKES A NEW TWIST An example of ethics in business in Australua |
| 2011_03_23_AFR | FINCOR INVESTORS GET $30m Out of the $200m invested. |
| 2011_03_23_SlaterGordon | THOUSANDS TO BEFIT FROM PROPOSED FINCORP SETTLEMENT Another instance in which had ASIC done its job, fewr investors would have lost their money. |
| 2011_03_23_SMH_3 | ASIC BACKS INVESTORS ON FEES Nice to think the regulator has an interest in investor welfare. It could also demonstrate this investor care by improving its regulatory operations to a point where they prosecute wrongdoersearly in their operations. |
| 2011_03_23_News | EXIT FEES OFFICIALLY BANNED Finally! |
| 2011_03_24_SMH_2 | BIG FLOP PLANNER'S LIFE BAN OVERTURNED Curious judgement given the evidence. |
| 2011_03_24_SMH | GEELONG CONMAN HOY JAILED And deservedly so! |
| 2011_03_24_MoneyManagement | AN UNNECCESSARY EXERCISE I can only partly agree. It would not be a waste of ewsource if ASIC was prosecuting those who are not obeying the letter of the law. |
| 2011_03_24_SMH_3 | STORM COURT ACTION TOO BROAD: MACQUARIE Bank wants court to follow earlier precednts |
| 2011_03_26_BusinessSpectator | WALL STREET MUST KILL FREDDIE A must read! |
| 2011_03_25_BusinessSpectator | ASIC WARNS ON REPORTING TECHNIQUES: REPORT But does nothing about it. |
| 2011_03_28_ASIC | ASIC WEBSITE STATS The table and the number of hits is impressive- but what about the content? |
| 2011_03_28_SMH_2 | ASIC JOB CUTS AFTER BUDGET CUT One would expect that this would cause a change of priorities within ASIC. It probably will - but not te ones that will lead to a slimmer, more efficient, regulator. |
| 2011_03_28_SMH | ASIC TO CUT 50 JONS FROM ITS FRONT LINE Losing money on lost court cases uses up valuable resources. |
| 2011_03_28_InvestorDaily | SHADOW SHOP NOT AUDITING EXERCISE: ASIC Perhaps not. However, it should lead to the early prosecution of firms by indicating which investors ASIC should contact. |
| 2011_03_28_BrisbaneTimes | DIRECTORS HAVE GOVERNANCE CONCERNS TOO Something I didn't know about. |
| 2011_03_30_TheAustralian_2 | IT WAS TOUGH JOB, SAYS D'ALOISIO It always is when one seres multiple masters. |
| 2011_03_30_TheAustralian | GO EASY ON DIRECTORS. SAY RETIRING CORPORATE REGULATOR Is that a prescribed law? |
| 2011_03_30_BrisbaneTimes | TEN TOP COMPANIES FAIL DISCLOSURE TEST Too big to prosecute? |
| 2011_03_30_SmartCompany | COMPANY DIRECTORS BACK ASIC CHIEF'S CONCERNS ON DIRECTOR LIABILITIES Surprise! Surprise! |
| 2011_03_30_BusinessSpectator | ASIC CHAIR CALLS FOR LOOSENING OF LAWS: REPORT If directors are only adisers, then they should be called advisers. |
| 2011_03_31_TheAustralian_2 | ED'ALOSIO SHIFTS BLAME FROM ASIC It's the law that wrong - it's the politician's fault. |
| 2011_03_31_TheAustralian | INVESTIGATION SHIFT TO ASIC SPEEDS UP UP ACTION Now it only takes sixty days to get off their backsides and begin an inestigation. |
| 2011_03_31_SMH_2 | FORMER MACQUARIE BANK TRADER JAILED The charges relate to 2007. Speedy work by ASIC standards. |
| 2011_03_31_smh | ASIC BOSS IN SECRET WINERY BUY Something to retire to? |
| 2011_03_31_Money_Management | ASIC TIGHTENS RULES ON RELATED PARTY RULES Has ASIC taken over the role of parliament in the matter of setting laws? I must have missed it! |
| 2011_03_31_BusinessSpecattor | ASIC WARNS ON DIRECTOR DISCLOSURE STANDARDS Just take anothe warning from the bucket over there! |
| 2011_03_31_AFR_2 | ASIC'S GIBSON LAYS DOWN THE lAW Haven't seen where she successfuly prosecuted the wrongdoers. Doe the byline mean she has put the law down somewhere and doesn't know where to find it? |
| 2011_03_31_AFR | ASIC RAISES THE BAR ON DIRECTOR DISCLOSURES ASIC doesn't make laws, it is there rto enforce the laws made by Parliament. If the directors weren't obeying the law, why hasn't ASIC prosecuted them? |
| 2011_04_01InvestorDaily | FINCHELEY INVESTORS FACE CGT CONCERNS The result of no further distributions has the effect of creating a capital gains tax event G3, Low said. |
| 2011_04_02_SMH | D'ALOISIO DID NO WRONG, BUT IT DOESN'T LOOK GOOD Shouldn't the ASIC Chairman set a standard for financial industry? Perhaps he has. |
| 2011_04_01_InvestorDaily | FINCHELEY INVESTORS FACE CGT CONCERNS The result of no further distributions has the effect of creating a capital gains tax event G3, Low said. |
| 2011_04_04_AFR | ASIC PUTS LIQUIDATORS ON NOTICE The 'gunna boys" are "gunna" do something new. If the ASIC had done its job, this situation would never have aisen. |
| 2011_04_04_SMH | ASIC LANDS EARLY BLOW IN CENTRO LAWSUIT CFO adnits to charges - except one. |
| 2911_04_04_SMH_2 | QUIET PUSH FOR ASIC CHANGES ASIC replies to criticism with big PR push. |
| 2011_04_05_SMH | NAMED AND UNASHAMED For the first time, the ombudsman has revealed the companies attracting the most complaints. |
| 2011_04_04_AFR_2 | CALL FOR ASIC TO REFOCUS Liquidators all claiming its not us! |
| 2011_04_06_TheAustralian | NEW FINANCIAL PLANNERS FACE EXAM It's right and propoer the current crop of possibly icomptents continue with their bad advice. |
| 2011_04_06_SMH | IGNORANCE NO EXCUSE, SAYS ASIC Four years after the breach |
| 2011_04_07_SMH | PWC RESISTED REVIEW Don't worry about it. It's only a multi billion error. |
| 2011_04_08_SMH | CENTRO AUDITOR MADE ERROR, ASIC ADMITS If 3 of Australia's biggest accounting firs had trouble interpreting changes in accounting stsndrds, why didn;;t the appeal to ASIC for direction? |
| 2011_04_07_TheAustralian | ASIC 'HELD BACK' FAVOURABLE UBS ANALYST INFORMATIO ON CENTRO, COURT HEARS Probably becaus of a mythical investigation |
| 2011_04_07_MoneyManagement | NO RIGJHT OF APPEAL HURTS FOS' CREDIBILITY Not as much as the decisions it makes |
| 2011_04_09_SMH | JAIL SENTENCE FOR FINCORP FOUNDER Years too late for investors |
| 2011_04_10_TheAge | JUDGE SLAMS POLICE AS FRAUD CASE REVIEWED Those fraud cases are so hard! |
| 2011_04_11_SMH | GREAT EXPECTATIONS THROWN INTO DOUBT ASIC living up to execttions? |
| 2011_04_11_InvstorDaily | TRIO RE PONDERS ACTION AFTER FUNDS LOSE MILLIONS Another never ending story |
| 2011_04_11_BrisbaneTimes | EQUITITRUST FORCED TO NEGOTIATE NAB TERMS Yet another comany on the edge. |
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ASIC LAUNCHES PROSPECTUS OVERHAUL |
| 2011_04_12_The Australian | ASIC TO CRACKDOWN ON PROSPECTUS FLUFF The "gunnas" are going to gunna. See next item {2011_04_12_ClaytonUtz} |
| 2011_04_12_ClaytonUtz | ASIC TARGETS INFRASTRUCTURE FUNDRAISING: BACK TO THE FUTURE Long go, I raised the matter with ASIC of a standard prospectus, composed from an ASIC defined set of sentences presented in a specified order. I vnever received a reply, let alone a comment. |
| 2011_04_13_SMH_2 | BANK LOANS IN SPOTLIGHT How banks care about their clients. |
| 2011_04_13_SMH | A WIN FOR SOME, BAD LUCK FOR THE REST An example of "fairness" under the law. |
| 2011_04_13_AFR_2 | TOUGHER PROSPECTUS GUIDELINES WELCOMED It will be even better when they are implemented and policed. |
| 2011_04_13_AFR | ASIC RAISES HURDLES ON SHARE LISTINGS A decade too late. |
| HEY ASIC, TRY THESE FLUFF FILLED PROSPECTUSES ASIC CRACKS DOWN ON GLOSSY PROSPECTUSES Of course, these are the very same prosecyuses ASIC okayed. |
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| 2011_04_13_AFR_2 | TOUGHER PROSPECTUS GUIDELINES WELCOMED It will be even better when they are implemented and policed. |
| 2011_04_15_TheAustralian | ASIC MOVES ON SUBSTANTIAL NOTICES OF STOCK LENDING CREATES 'INDUSTRY CONFUSION': INDUSTRY GROUP ASIC doing what is does best: confusing everyone. |
| 2011_04_15_SMH | A DISCREDIT TO THOSE WHO RELIED UPON THEM Same situation in Australia |
| 2011_04_15_MoneyManagement | REFORMS COULD OVERBURDEN PLANNERS You mean they might hae to do some wprk to earn their mmoney? |
| 2011_04_16_TheAustralian | ASIC TREADS A FINE LINE WITH CALL FOR CLARITY ON PROSPECTUSES What about defining what can be said in a prospectus in clear terms? |
| 2011_04_17_SMH | LIFE'S BEE A MASQERADE BALL FOR THIS CONMAN BUT THE CHARAD IS UNRAVELLING.BUT THE CHARADEIS UNRAVELLING. Remebmer the Howard Government boasts of how we had the best financial regulator in the world? |
| 2011_04_18_SMH | ROUGH JUSTICE WHEN ASIC DOES INSDIER TRADING BY HALVES When before did ASIC get it even half right? |
| 2011_04_18_InvestorDaily | BENDIGO WEALTH NOT GREAT SOUTHERN SMOKE SCREEN Just normal bank business |
| 2011_04_19_SMH | ASIC SETTING CENTRO BOOKMARK TOO HIGH, COURT TOLD It was always my obviously distorted idea that Parliament set the rules and ASIC applied them. |
| 2011_04_19_FinancialStandard | ASIC SILENT ON POSSIBLE RESEARCH PROBE Not the only thing ASIC has been silent on over they years. |
| 2011-04_20_BrisbaneTimes | ANZ BLASTED FOR MOVES TO DELAY CLASS ACTION Just an exmple of how friendly the bank is to its customers.. |
| 2011_04_20_MoneyManagement | HUBB ORGNISATION PREVENTED FROM MAKING MISLEADING CLAIMS But no prosecution for false pretences in order to gain financial avantage. |
| 2011_04_21_InvestorDaily_2 | FOFA ADVISER QUESTIONS ADEQUACY REQUIREMENTS After a decase of proven deficit, the uthorities have still not proided the necessary legislation with teeth. |
| 2011_04_21_InvestorDaily | FORMER WEALTHSURE PLANNER BANNED But no prosecution for misappropiating $5000,000 of investor funds! |
| 2011_04_23_HwraldSun | ASIC GIVE BANKS THE GREEN LIGHT TO RELAX LOAN RULES For once ASIC gets it right! |
| 2011_04_25_SMH | INVESTORS DESERVE A SOFTER LANDING THAN CONCRETE Years ago I suggested to Tony D'Aloisio that each investor pay into an insurance scheme run by ASIC to recompense investors for such instances in which the planner was at fault. |
| 2011_04_26_SMH | ASIC'S STAR WITNESS IN CENTRO CASE: BLIND FREDDIE |
| 2011_04_28_TheAustralia | SHORTEN MAKES CONCESSION TO FINCANCIAL INDUSTRY Not as bad as tt sounds. |
| 2011_04_28_HeraldSun | END OF COMMISSIONS FOR ADVISERS Long overdue! |
| 2011_04_28_ABCNews | PLANNERS TO FIGHT INCREASED REGULATION An exmple of income protection. |
| 2011_04_29_SMH | FINANCIAL PLANNERS FACE $460 MILION HIT IN FEES |
| 2011_04_30_TheAustralian | ASIC TIGHTENS UP DARK POOL TRADING RULES A decade late is better than never! |
| 2011_04_30_NZHerald | NEW SHERIFF NOT AFRAID TO TAKE A HARD LINE Any chance of importing him into Australia? |
| 2011_04_30_HeraldSun | AVICE THAT COULD BE HARD TO TAKE Planners are about to discover that their industry is no lohger protected. |
| 2011_04_30_AFR | PLANNERS SHOULD TAKE AVICE AND FACE THE FUTURE If planners find the medicine harsh, they have only themselves to blame. |
| 2011_05_01_TheAustralian | TRANSPARENCY MUST BE PART OF CORPORATE CULTURE. |
| 2011_05_003_TheAustralian | REGULATOR TP CLOSE LOOPHOLE ON CONTRACT FOR DIFFERENCE TRADING Busy ASIC, always working on gunna do something. |
| 2011_05_03_SMH_2 | PRESSURE ON FINANCIAL PLANNERS A decade late for a grat many punters! |
| 2011_05_03_SMH | FINCORP'S" SPOTTER'S FEE" A SHAM,COURT TOLD How long ago did Fincorp collapse? |
| 2011_05_03_BrisbaneTimes | ASIC: COMPANIES SHOULD FACE THE MUSIC And so should ASIC |
| 2011_05_05_BusinessSpectator | LEIGHTON FACES ASIC INQUIRY OVER DISCLOSURE: REPORTGiven ASIC's past record on disclosure, it surprises me when they go after someone for the same misdemeanor. |
| 2011_05_05_InvestorDaily | DEPUTY PM IN JOT WATER WITH STORM CLIENTS Wore his heart on his shirt. |
| 2011_05_04_SMH_2 | EIND UP APPLICATION ADDS TO THE CATOGUE of WOES FACING EQUITLINK The long suffering dog is about to be put to sleep. |
| 2011_05_04_smh | POACHER TURENED GAMEKEEPER READY FOR A SHAKEUP AT ASIC A clear admission that ASIC has had major problems. |
| 2011_05_04_BrisbaneTimes | FORMER CENTRO SHIEF EXPLAINS HOW HE MISSED $1.1 Billion. A case of nlazy money. |
| 2011_05_04_News | SWAN NAMES ACCC. ASIC WATCHDOG BOSSES |
| 2011_05_04_To the_Assistant_Treasurer | The file 1985-2011 in the document is a subset of the files available on ths website in Events by Date. |
| 2011_05_06_BusinessSpectator | LIMITS ON DARK TRADES INEVITABLE: ASIC If the subject is so important, why didn't ASIC MOVE ON THIS LONG AGO? |
| 2011_05_06_SMH | REFORM A BOON TO ALL IN THE MONEY GAME Not true! Just the honest ones. |
| 2011_05_06_DailyTelegraph | CLEAN UP TIME FOR FINANCIAL PLANNERS That time was a dedade ago |
| 2011_05_09_SMH | STORM INVESTOR' ACCIDENTAL LEGACY Fundamental problems might get fixed, but why is't ASIC being fixed? |
| 2011_05_10_MoneyManagement | ASIC SEEKS TO TIGHTEN RULES AROUND CFDS AND MARGIN FOREX Always seeking. Too busy seeking to apply the current laws, |
| 2011_05_10_InvestorDaily | ASIC PLANS TIGHTER OTC DERIVATIVES REQUIREMENTS On past performance, to be implemenented by 2384 |
| 2011_09_11_HeraldSun | HOW BIG BANKS TOOK US ALL FOR A RIDE Even if we didn't wnt to go! |
| 2011_05_11_BusinessSpectator | LEIGHTON FACES PRESSURE FROM BRISBANE RESIDENTS OVER AIRPORT LINK It seems there might be a disclosure problem. It confuses me that an orgnisation that does not disclose is investigating. |
| 2011_05_11_TheAustralian | MORE MEAT AND A FUNDING REVIEW THROWN TO WATCHDOG Perhaps the money would be better spent buying a new watchdog. |
| 2011_05_11_SMH_2 | ASIC PUTS APPEALS COURT IN THE DOCK If you don't get it right the first tme round, blame the court! |
| 2011_05_11_SMH | ASIC ASKS FAIRNESS OBLIGATION IN APPEAL Someone please tell ASIC "fairness" is not a legislated law. |
| 2011_05_11_InvestorDaily | REGULATORS GET $80M FOR STRONGER SUPER REFORMS Can someone please insist the money is not just for issuing statements on what they re going to do! |
| 2011_05_12_SMH | CLICK GO THE SHEARS: KINGHORN'S $44M FAREWELL Leaving a host of angry investors. |
| 2011_05_12_MoneyManagement | WHAT'S UP FOR A CASHED ASIC Based on past performance, the waste of more public money. |
| 2011_05_12_FinancialStandard | BANS HIT BAD PLANNERS: ASIC Too little to late, |
| 2011_05_13_TheAustralian | A CREDITABLE JOB AS OUR TOP PLOD A B- from a bank is is not a creditable pass. |
| 2011_05_13_SMH_3 | ASIC ALLOWED TO APPEAL HARDIE DECISION If ASIC had done its job in the original prosecution, then it would have this waste of public monies. |
| 2011_05_13_SMH_2 | WESTPOINT OFFICER ACCUSED OF GIVING FALSE INFORMATION Shouldn'tASIC have been in the dock with him? |
| 2011_05_13_SMH | ASIC USE OF DRAFT CRITICISED |
| 2011_05_13_BusinessSpectator | ASIC WINS THE RIGHT TO APPEAAL JAMES HARDIE VERDICT If you don't get it right the first time aroound, try, try again! |
| 2011_05_14_SMH | FRANCHISE BANK MODEL TURNS SOUR Just matching the public's feeling about the banks. |
| 2011_05_14_TheAustralian_2 | ASIC STILL SIFTING THE RUBBLE FROM ALLCO COLLAPSE It takes a long tiime to sift when everything falls through ASIC's fingers. |
| 2011_05_14_TheAustralian | CASE AGAINST MURDOCH, PACKER THROWN OUT OF COURT AS COURT H;ANGD UP ON ONE.TEL How long ago is it that ONE.TEL COLLAPSED? |
| 2011_05_16_TheAustralian | ASIC HAS THE POWER TO INTERCEPT TELEPHONES ASIC hopes to improve its impressive recors of two convictions a year for insider trading! |
| 2011_05_16_SMH | STRAIGHT SHOOTING CORPORATE SHERIF RIDES INTO THE SUNSET The real questio is how effective he has been. |
| 2011_05_17_SMH_2 | QUEEN'S HAT MOVED ASIC TO DROP ITS CASE AGAINST CENTREBET Humour? To me its just more wastage of public money. |
| 2011_05_17_SMH | ASIC DEMANDS UNREALISTIC: QC Not just its demands |
| 2018_05_18_TheAge | QUIGLEY NOT GUILTY Ho, hum. Another ASC prosecution failure. |
| 2011_05_18_SMH | ASIC SAY CENTRO DIRECTORS FELL SHORT Decision on June 24 |
| 2011_05_19_TheAustralian | CALL FOR ASIC TO PROBE FAILURE OF REDIFLEX GROUP: A SHAREHOLDER IS NOT HAPPY THAT $100 MWAS WIPED FROM VALUEG History shows that ASIC ha litle concern for the investors it is sworn to protect. |
| 2011_05_19_SMH_2 | IRATE PIR GROUP TURN UP HEAT ON BID TO OUST FUND MANAGER |
| 2011_05_19_SMH | ASIC DECLINES TO ACT SO INVESTORS CAN SACK FUND MANAGER ASIC has a long history of failing to act. |
| 2011_05_19_InvestorDaily | ASIC FORCED TO PROVIDE COUNT, AMP DOCUMENTS No EU for Chapel Road |
| 2011_05_19_FinancialStandard | CHAPEL ROAD APPEAL FORCES ASIC TO SHOW THE GOODS Why didn't Chapel Road get a EU out of the bucket like everyone else? |
| 2011_05_20_SMH | ASIC SURVEY REVEALS THE OBVIOUS: LOSING MONEY HURTS Just a obvious is the failure of ASIC to recognise and fix the ongoing marketplace problems has hurt not only the vicitims of ASIC incompetence, but has inflicted pin on all taxpying Australians in terms of th needless pension its associated welfare costs. |
| 2011_05_20_InvestorDaily | KNOWLEDGE OF COMPENSATION AVENUES LACKING A deliberate lie! Ask any Westpoint investor how ASIC treied to push them down the ineffective/useless path! |
| 2011_05_20_HeraldSun | BAD ADVICE, FRAUD, MISLEADING ADVICE AND DECEPTIVE CONDUCT ARE CAUSING "CATASTROPHIC" LOSSES FOR INVESTORS AND FAMILIES , THE GOVERNMENT WATCHDOG HAS FOUND. It's a measure of the failure of ASIC's monitoring that it has taken 11 years for it to realise this obvious fact! |
| 2011_05_21_SMH | CENTRO LAMBS TO THE SLAUGHTER Best corporate theatre at the moment? |
| 2011_05_21_BrisbaneTimes | FINCORP INVESTORS TO SHARE I $29 M PAYOUT Sandhurst Trustees pay up |
| 2011_05_20_FinancialStandard | INVESTOR RECOLT THREATENS 30 FUND MANAGERS Problems for PIF |
| 2011_05_22_SHM_2 | WHAT IF PERFECTION IS TOO MUCH TO ASK FOR? If you are an investor then you should expect to be shorn. |
| 2011_05_23_TheAustralian | FORMER KPMG ADVISE ANDREW DALZELL RECEIVES INTENSIVE CORRECTION ORDER Insider trading tensive trading back in 2006 in which he lost money was the problem. |
| 2011_05_23_InvestorDaily | DEFRAUDED $3M FROM CLIENTS OVER 7 YEARS If that is true, then why is he not in jail? |
| 2011_05_24_InvestorDaily | RE INDEPENDENCE A MUST: EQUITY TRUSTEES It would seem the trustees are good at making money at the expense of investors. |
| 2011_05_26_Stock&Land | WESTFARMERS 'ARROGANCE' BLASTED Who cares what the investors tink? |
| 2011_05_27_MoneyManagement | WA FINANICIAL ADVISER BANNED FOR LIFE Where are the police in this matter? |
| 2011_05_28_SMH | VICTORY FOR VESTED INTERESTS Isn't that the norm in Australia? |
| 2011_05_31_InvestorDaily | EX AFA PRESIDENT CALL S FOR FOFA REVERSAL Forget about the investors, just consider how badly it will affect the businesses of planners. |
| 2011_05_31_BusinessSpectator | ASIC CHIEF READIES FOR SENATE REVIEW: REPORT Another day, another charade. |
| 2011_05_30_IllawarraMercury | INVESTORS GUTTED BY FINANCIAL LOSSESS: STUDY Did the ASIC commissioned study exmine how many of these investors lost their money beacuse of ASIC's negligence of its duties? |
| 2011_05_31_ABC_News | ASIC BOSS DECLARES WAR ON CORPORATE CROOKS Um, shouldn't that have been ASIC's position for over a decade? Mertcalf statement is a clear admission of ASIC's failure from day one of its creation. |
| 2011_05_31_AFR_2 | FINANCIAL PLANNERS FACE HEFTY FINES Where is the list of hefty fines of those who have transgressed to date? |
| 2011_05_31_AFR_1 | ASIC REVEALS MARKET HIT-LIST It would have been a much more effective tool if they had made a successful prosecutions against those who have erred from the straight and narrow. |
| 2011_06_01_TheAustralian | HIGH PROFILE PROSECUTION TO STAY You never know, we might win one. |
| 2011_06_01_SMH | ASIC QUESTIONED OVER HANDLING OF IQUIDATION INDUSTRY Just one of the many areas it should be questioned over its handling. |
| 2011_06_01_BusinessSpectator_2 | ASIC CONSIDERS RATING AGENCIES REPORTING STANDARDS Did ASIC not consider who they gave a licence to in the past, or couldn't they be bothered monitoring the standards? |
| 2011_06_01_BusinessSpectator_1 | TREASURY TO STRNGTHEN ASIC POWERS: REPORT Over a decade late! |
| 2011_06_01_AFR | MEDCRAFT TOLD TO WATCH HIS STEP Do you find it comforting to know that the law is so interpretation? |
| 2011_06_02_TheAustralian | ASIC BIDS TO TIGHTEN REPORTING FOR RATING AGENCIES See the cartoon on the sa,e page. |
| 2011_06_02_HeraldSun | WATCHDOG ASIC WORKS ON CONFLICT OF INTEREST Wasn't it ASIC's job to ensure conflicts of inters did not occur? |
| 2011_06_02_BrisbaneTimes | ATFER APPEALS: ASIC 2, Carey 1 Is the game over? |
| 2011_06_02_AFR | ASIC SHOULD DELVE DEEPERINTO POOLS Oh, but they do when they are contemplating what they're "gunna do". Then they forget bout it. |
| 2011_06_02_BusinessSpectator | ASIC SLASHES STAFF ON BUDGET PRESSURES Should this be a surprise when one considers te amount of money lost on failed prosecutions? |
| 2011_06_03_TheAustralian_2 | ASIC IN SOCIAL MEDIA PUSH TO HELP PEOPLE GET SMART WITH MONEY Another day, another veiled excuse for ASIC not doing its job. |
| 2011_06_03_TheAustralian | ASIC WILL BE OPEN TO MORE PUBLIC SCRUTINY Now tell us the one about the big bad wolf financially raping investors. |
| 2011_06_03_TheAge | INSOLVENCY REVIEWS CONTIUE TO SING FROM THE SAME SONG SHEET Just continuing an even standard that disadvantages inestors. |
| 2011_06_03_SMH | CREDITORS COULD GET POWER OVER LIQUIDATIORS Never! That's too logical. The creditors obviously don't care about money since they invested in the failed companies. |
| 2011_06_03_InvestorDaily | AFA COMMENTS A BIT RICH: SHORTEN More application of the law and less negotation would dispell any such talk. |
| 2011_06_03_AFR_2 | REGULATOR TAKES A HARD LOOK AT ADS The problem of ads was pointed out to Tony D'Alosio in 2008. Nothing has happened to date, and on past performance twon't anytime soon. |
| 2011_06_03_AFR_1 | INVESTORS WIN IN INSOLVENCY SHAKEUPI f ASIC had done its job, this ould not have been nececessary. |
| 2011_06_03_TheAustralian_3 | INSOLVENCT SECTOR FACES MAJOR REFORM Perhaps that should have read INSOLVENCT SECTOR FEARS MAJOR REFORM |
| 2011_06_03_SeekingMedia | WILL ASIC DOWNSIZING LEAD TO MORE BUNGLED INVESTIGATIONS? ASIC doesn't need to downsize. |
| 2011_06_04_InternationalBusinessTimes | ASIC VOWS REFORM. MORE TRANSPARENCY IN THE FUTURE And we are gunna perform a miracle seven days a week. |
| 2011_06_06_InvestorDaily | BODIES TAKE AIM AT COMPENSATION REVIEW Another subject for eternal delay and discussion. |
| 2011_06_06_AFR | SUPER FRAUD FOILS ASIC Don't understand why the investors are angry. We are getting better, it only took 3 years and $15 m of investor losses before we got our man. |
| 2011_06_04_InternationalBusinessTimes | ASIC VOWS REFORM. MORE TRANSPARENCY IN THE FUTURE And we are gunna perform a miracle seven days a week. |
| 2011_06_06_SMH | MORE AUSTRALIAN COMPANIES COLLAPSING: DATA Worth reading. |
| 2011_06_06_SmartCompany | INSOLVENCY EXPERTS WARY OF OPTIONS PAPER, SMEs CALL FOR MENTAL HEALTH FOCUS The only people the current sytem favours is the insolvency companies. |
| 2011_06_06_FinancialStandard | ASIC WARNS OF $15,000 EOFY COUNTDOWN I wonder how many transgressors ASIC will successfully prosecute. |
| 2011_06_07_InvestorDaily | FOS REIGNITES CALLS FOR COMPO SCHEME Denise Brailey has for years called for a compo scheme, and I presented a "rough model" to Tony Daoisio in 2008. The real problem with a compo schem is that it should be run by a body who is independent. |
| 2011_06_07_BusinessSpectator | ASIC TARGETS INDIRECT BROKERS:REPORT A chnage of law is required, as it is in other financial services, in order that one needs a licence to practice. |
| 2011_06_08_AFR | PROSPECTUS REFORMS MAY BACKFIRE I pointed out sime ago that prospectuses shoud be assembled from a set of ASIC supplied stndard paragraphs, and any expected returns should be indicated by ASIC supplied averages for that industry, The WIG commottee also rferred the problem surrounding adverising to ASIC, |
| 2011_06_08_InvestorDaily | HARSHER PENALATIES REQIORED FOR PI INADEAUACY This problem dates back to 2001 when the hpward Government watered down the proposed rules. |
| 2011_06_08_PapersSSRN | THE USE OF INFRINGEMENT NOTICES BY ASIC FOR AALLEGED CONTINUOUS DISCLOSURE CONTAVENTIONS: TRENDS AND ANALYSIS IF ASIC has had such powers, why havent they used them more vigourouls over the years? |
| 2011_06_08_SMH | ASIC SHEDS SOME LIGHT ON SHADOW BROKERS If one in three is breaking the rules, why hasn't ASIC prosecuted them? |
| 2011_06_08_MoneyManagement | NEW ASIC BOSS WARNS "GATEKEEPERS" The most effect warning is a succssful prosecution. |
| 2011_06_09_SMH_2 | ASIC TO BROKERS: GET REAL, OR GET OUT Why has i it taken ASIC taken since 1999 to make such a statement. |
| 2011_06_09_SMH | UNI PROFESSOR BLAST WATCHDOG Just anothe flea. A good shake and ASIC will forget about it |
| 2011_06_09_MoneyManagement | ASIC RESEARCHING THE RESEARCHERS A decade late! |
| 2011_06_09_2_InvestorDaily | SHORTEN ANNOUNCES ABBREVIATED PDS TIME FRAME Another years for planners to lie to prospects. |
| 2011_06_09_InvestorDaily | ASIC IMPOSES CONDITIONS ON IPLAN LICENCE If iPland broke the law, why didn't ASIC prosecute? |
| 2011_06_10_SMH | WATCHDOG RAISES HACKLES AT SHADOW BROKERS I would be more impressed if the watchdog had bitten hem. |
| 2011_06_10_TheAustralian | ASIC NEEDS TO REMIND TRUST'S RE TO ACT IN THE INTEREST OF ALL HOLDERS Why hasn't ASIC been doing this? |
| 2011_06_09_FinancialStandard | ASIC FORCES IPLAN TO HIRE COMPLIANCE EXPERT If IPLAN were non compliant, a successful prosecution would have had the desired effect. |
| 2011_06_13_Quote | FINCORP ACTION TO GO AHEAD Another disater that would not have occurred if ASIC had done its job. |
| 2011_06_13_TheAustralian | DON'T CRITICISE ASIC OVER ITS LEGAL ACTIONS He is a former hed of ASIC. ASIC's successful prosecution reord is less than dismal - and that record doesn't include the multitude of actions it should have pursued. |
| 2011_06_13_SMH | INVESTORS LOSE IN ENCOUNTER WITH KING CON $200m that should never have loaned. |
| 2011_06_14_TheAustralian | BAN ON MORTGAgE FEES EXIT HAS DOWNSIDE Says the non bank mortgage lenders. |
| 2011_06_14_SMH | FINANCIAL ADVISED REFUSED STAY OF BAN Rightly so! |
| 2011_06_14_investorDaily_1 | LICENSEES REJECT FOS PROPOSAL Can't have a compensatio scheme that cost us money. |
| 2011_05_14_Arnet | ANOTHER FORMER WINTECH UNDER ARRECT ASIC has rare win after referral/ |
| 2011_06_14_InvestorDaily _2 | ASIC BANS DIRECTOR FOR LIFEI f he had a long history of inancail offences, why was he alloed to hold a direcorship? |
| 2011_06_15_moneyManagement | ADVISERS BEING DISADVANTAGED BY ASIC But not as much as investors. |
| 2011_06_15_InvestorDaily_2 | WA DIRECTOT FOUND GUILY OF MISUDING INVESTOR FUNDS I wonder how long he will get? |
| 2011_06_15_InvestorDaily | COMPENSATION SCHEME COULD COST JOBS Are pllanning jobs more important than investor protection? |
| 2011_06_18_HeraldSun | REFORM TOCOMBAT ROGUE FINANCIAL ADVISERS Just another istance of slack financial control. |
| 2011_06_21_InvestorDaily | INDUSTRY FUND LOBBYING MUST INCLUDE ASIC: AIOFP A simpler system would be to ban lobbying. |
| 2011_06_21_AFR | ASIC NEEDS TO TOUGHEN UP That won't happen until a Government strips it of its unfair protection. |
| 2011_06_11_24_AFR | INVESTORS MIFFED AFTER PIF FARCE Just one more market farce. |
FORMER DIRECTOR GUILTY OF FALSE STATEMENTS RUNDLE GUILTY OVER $400m WESTPOINT COLLAPSE Why arent all of the others, including ASIC, guilty of the sam charge? |
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| 2011_06_11_24_AFR | INVESTORS MIFFED AFTER PIF FARCE Just one more market farce. |
| 2011_05_22_IBTimes | FBAA CRITICISES EDUCATIONAL IMPOSTI s that experience at ripping off te punters? |
| 20011_06_27_BusinessSpectator | ASIC TO WARN BEFORE TAKING ACTION: REPORT Does that mean ASIC will finally begin to do something? |
| 2011_06_27_AFR | ASIC TO FLAG ITS ACTIONS FOR OPENESS' SAKE
Why can't ASIC be bound y the same rules as those it regulates? |
| 2011_06_27_SMH | ASIC WIN A FILLIP FOR NEW BOSS MEDCALF If nothing else, the ASIC win should make directors more careful of what they sign. |
| 2011_06_27_ABCNews | WESTPOINT FOUNDER NORM CARIE GOES BACK TO COURT I am not legal, but it has always amazed me that ASIC withheld the Deloittes report from the Court whe they applied to put Westpoint down. |
| 2011_06_28_InvestorDaily | SHORTEN RULES OUT LICENSEE COMPENSTION And so they should! |
| 2011_06_28_AFR_2 | LAWYERS SET THEIR SIGHTS ON PWC Another case where lawyers will make a fortune becuse of poor regulation. |
| 2011_06_28_AFR | ASIC WIN PUTS HEAT ON DIRECTORS True to form, a decade late. |
| 2011_06_28_InvestorDaily | RECORD NUMBER OF COMPANIES GOING BUST: REPORT Yes, there is a need to fix the insolvency industry. |
| 2011_06_28_BusinessSpectator | THE GREAT AXA RIPOFF Obviously not happy with ASIC performance. |
| 2011_06_28_TheWest | CAREY CHARGED OVER WESTPOINT COLLAPSE Well, he hasn't been charged yet.I am not legal, but I do understand that ASIC failed to provide the Court with any information relating to ASIC's "secret" audit of Westpoint by Deloittes. |
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![2011_03_23_AFR](../Newsp/2011_03/2011_03_23_AFR.jpg"){kind=link}