to watch the story online:-
http://www.abc.net.au/7.30/content/2014/s4034140.htm
Misconduct by financial advisers detailed in a Senate committee report questions the credibility of the Commonwealth Bank and financial regulator ASIC to such a degree that a Royal Commission into the industry is needed, according to Senator Mark Bishop.
Whilst the story relates to allegations against the Commonwealth Bank - if a Royal Commission eventuates it could have far reaching consequences imo
Calls for Royal Commission
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