Australian Securities and Investments Commission (Asic)
ASIC lifts ban on shorting financials
Investors welcome easing of restrictions but say damage already done
Australia lifts ban on short selling
The Australian Securities and Exchange Commission (Asic) lifted its ban on covered short selling on May 25, just over seven months after it was originally imposed.
US-AUS agreement another step towards global mutual recognition
REGULATORY UPDATE
Naked short-selling banned in Australia
The Australian Securities and Investments Commission (Asic), the country’s main financial watchdog, today effectively banned naked short-selling – selling securities without borrowing them first – from September 22 until further notice.
Ex-NAB traders to plea in March
The four traders at the heart of the A$360 million currency options scandal that rocked National Australia Bank (NAB) last year are to enter a plea at Melbourne Magistrates Court on March 22.
NAB makes regulatory commitment
National Australia Bank (NAB) will submit a number of reports to the Australian Securities and Investments Commission (ASIC) as part of its efforts to repair the damage caused by the foreign exchange options scandal that enveloped the company earlier…
NAB makes regulatory commitment
National Australia Bank (NAB) will submit a number of reports to the Australian Securities and Investments Commission (ASIC) as part of its efforts to repair the damage caused by the foreign exchange options scandal that enveloped the company earlier…