MQG 0.16% $191.01 macquarie group limited

asic, page-176

  1. 33,628 Posts.
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    Despite the Federal Cpurt decision, some cash management accounts are still open.

    ASIC should go for license restrictions and put another breach notice out on them.

    Macquarie Group is not above the law and the Federal Court and ASIC have spoken.

    The $10 million AUD fine does not appear to have acted as sufficient deterrent.

    ASIC will have to initiate enforcement proceedings to limit their license and get them to exit activities.
 
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