Research houses and hedge funds domiciled overseas that issue price sensitive reports about Australian companies could find themselves under increased scrutiny from regulators if the Australian Securities and Investments Commission has its way.ASIC is keen to raise the issue of cross-border information flows about specific stocks with other regulators through the auspices of the International Organisation of Securities Organisations.Chanticleer understands ASIC is concerned about the quality of information being disseminated in the Australian market by organisations not domiciled here or licensed to operate in Australia.
https://www.copyright link/chanticleer/asic-wants-global-action-on-misleading-reports-20190912-p52qoj
I don't recall this has been shared.
RFM is doing the right thing by all Australian Investors by starting the court case.
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