Securities lending should be banned globally but at least in a relatively illiquid market like the ASX.
What is the ASX, ASIC and the Wolf of Wollongong doing about the lack of compliance and State Street Corporation just milking the money out of securities lending? Just milks MSB and the buyside for no good purpose.
It should not be allowed.
Trump should knock it off in America but the Wolf of Wollongong, the alcoholic and their boss, the infamous Albo, should have knocked it off in their last 3 years in power, or you could say, greedy, incompetent uselessness.
MSB would probably be higher if it was not for State Street Corporation, securities lending, lack of compliance of the ASX and the do nothing Wolf of Wollongong, alcoholic and their boss, the infamous Albo.
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