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Really am surprised it hasn't rallied on the commission...

  1. 506 Posts.
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    Really am surprised it hasn't rallied on the commission recommendation. ASIC says that it takes action against individuals rather the company.

    This is the ASIC statement

    Evidence presented to the commission found ASIC relied more on negotiation with licensees than taking direct action and using courts for "public denunciation".
    Ms Macauley said any criminal action would most likely be taken against individuals rather than companies, as the action against companies would generally take up to three years and just result in a fine.
 
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