I think the present anonymity System at the A.S.X. has been abused by Short Sellers using Borrowed Shares (Perhaps from the likes of ANZ Nominees) therefore the following Quote of Mr. Kevin Rudd is very much appreciated and now I'm waiting to see what resultant action is taken.
The Quote:-
Reuters New Media Australian PM calls for more transparent markets Thursday April 3, 2008, 2:27 am
BRUSSELS, April 2 (Reuters) - Australian Prime Minister Kevin Rudd said on Wednesday more transparency was needed in financial markets, telling a conference in Brussels that ratings agencies should be subject to greater scrutiny.
"At minimum we need greater transparency, that has been lacking, that needs to happen," Rudd said when asked whether there was a need for more regulation of financial markets.
"We have to look carefully at the whole question of regulation of assets, how that is done, how transparently," he said.
"Rating agencies ... should be subject, I believe, to further international scrutiny," he added. (Reporting by Ingrid Melander; Editing by Dale Hudson) Reuters New Media Australian PM calls for more transparent markets Thursday April 3, 2008, 2:27 am
BRUSSELS, April 2 (Reuters) - Australian Prime Minister Kevin Rudd said on Wednesday more transparency was needed in financial markets, telling a conference in Brussels that ratings agencies should be subject to greater scrutiny.
"At minimum we need greater transparency, that has been lacking, that needs to happen," Rudd said when asked whether there was a need for more regulation of financial markets.
"We have to look carefully at the whole question of regulation of assets, how that is done, how transparently," he said.
"Rating agencies ... should be subject, I believe, to further international scrutiny," he added. (Reporting by Ingrid Melander; Editing by Dale Hudson) Reuters New Media Australian PM calls for more transparent markets Thursday April 3, 2008, 2:27 am
BRUSSELS, April 2 (Reuters) - Australian Prime Minister Kevin Rudd said on Wednesday more transparency was needed in financial markets, telling a conference in Brussels that ratings agencies should be subject to greater scrutiny.
"At minimum we need greater transparency, that has been lacking, that needs to happen," Rudd said when asked whether there was a need for more regulation of financial markets.
"We have to look carefully at the whole question of regulation of assets, how that is done, how transparently," he said.
"Rating agencies ... should be subject, I believe, to further international scrutiny," he added. (Reporting by Ingrid Melander; Editing by Dale Hudson) //End Quote
Regards ,
moly
THR Price at posting:
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