There's law & then there's enforcement. Enforcement requires power, resources & willingness. ASIC has always lacked willingness and have for many years been stretched for resources. There's never been a question of ASIC's powers. It's 'behind the curtains' stuff & you're gonna need a stronger stomach if you want to see how the sausages are made out back!
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There's law & then there's enforcement. Enforcement...
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