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Could these moves be connected with a future Senate...

  1. 7,867 Posts.
    Could these moves be connected with a future Senate inquiry?
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    Watchdog pricks up ears and growls

    Date July 9, 2013 Elizabeth Knight Business columnist

    The Australian Securities and Investments Commission's decision to catch companies giving out price-sensitive information to analysts and selected investors by sitting in on their briefings won't win the regulator any awards for its intelligence-gathering acumen.

    The response from corporate lawyers specialising in disclosure ranged from confusion to wariness at ASIC's decision to use spot checks on briefings between brokers and companies to crack down on what is essentially insider trading.

    Read more: http://www.smh.com.au/business/watchdog-pricks-up-ears-and-growls-20130708-2pm9l.html#ixzz2YSyr2VkV

 
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