Thought many of you may be interested in this report....no real revelation though
Integrity and Fairness: How Australia's Securities Market With lacklustre investor confidence and falling trading volumes, regulators around the world are under more pressure than ever to reassure the public that securities markets are fair and efficient.
Safe mechanisms are required to stabilise markets, but controversial new evidence – the first of its kind – reveals Australia is one of the world's most expensive markets in which to trade. And, in Australia, there appears to be more instances of market participants engaging in aberrant trading behaviour, such as insider trading and market manipulation, than in other major markets.
http://knowledge.asb.unsw.edu.au/article.cfm?articleId=1626
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