http://www.abc.net.au/rural/news/content/200907/s2627554.htm
ASIC takes hands-off approach to managed investment schemes
Thursday, 16/07/2009
Australia's corporate watchdog says it doesn't have the power to intervene in dodgy business schemes.
...
If it doesn't have the power, who does?
http://www.abc.net.au/rural/news/content/200907/s2627554.htmASIC...
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