ring asic and complain , page-21

I think if short-selling should have been restricted somewhere in the course of the past 12 months.

However, my bigger concern is ASIC and APRA not putting sufficient regulation on financial institutions on the way they reward management. Seems like the problem was more the lack of financial regulation beforehand.

They need to clean up their act in the coming years. For one, short-term cash bonuses should be capped. Had enough of seeing executives getting millions for single yr bumper profits made in light of excess leverage.

I am a fan of banning naked short-selling... but general short-selling might help increase market liquidity.

More regulation to make investment markets not like a casino is good... regulation to completely restrict investors is like placing a 25km/h speed limit on all roads. People might not get hurt, but no one moves!

Cheers,
Brian