Agree my friend. That’s whythe US is number 1 market in the world. Accountability and transparency alwaysbring investments and help businesses grow.
“You don’t have what it takes to bea day trader, bucko. That’s essentiallywhat financial regulator ASIC said in their latest press release.
ASIC said. “For retailinvestors to attempt the same is particularly dangerous, and likely to lead toheavy losses – losses that could not happen at a worse time for many families.”
In other words, ASIC is sayingASX is only for large funds and the so called “market makers” to invest in.Retail investors not so much- what a joke.
Really ASIC, how about youonly worry about making sure everyone follow the rules and listed companies areaccountable to all their shareholders.
Retail investors are notstupid, however it’s difficult for them to survive when a large fund decide tomanipulate a company’s share price, or a company lied/failed to disclose important information to all its shareholders.
REGULATE/MAKE SHORT-SELLING TRANSPARENT.
You can read ASIC fullarticle here
Agree my friend. That’s whythe US is number 1 market in the...
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