ASIC and the ASX Casino, page-3

More cash injected into such bodies, together with a renewed business plan and objectives would gain a few votes in marginal seats. I think you're onto something yet, if it's proven and not many of any electoral marginal seats gives a damn, well, ASIC and others will continue to flounder. I believe the prosecutions are just so few, along with the associated non-discretionary fines towards non-compliance. I'm afraid no-one cares yet every person with assets have the opportunity to be sold an on-line trading account. So many newbs, and that group grew almost exponentially during the COVID lockdowns. Retailers are not well protected and I don't believe ASIC is well cash nourished nor has the appropriate laws at hand to take action against those who laugh, admonish and take advantage of the failings of current corporate law.