US-AUS agreement another step towards global mutual recognition

WASHINGTON, DC - A new Australia-USA agreement has opened the door for global mutual recognition for securities traders. The US Securities and Exchange Commission (SEC) has signed the first mutual recognition agreement with the Australian securities regulator, the Australian Securities and Investment Commission (Asic).

"This agreement is part of what has been an expansive effort on the part of the SEC to overhaul the way it thinks about international securities law and the international flow of

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