So ASIC pumped up Financial Advisors by letting them free ride...

So ASIC pumped up Financial Advisors by letting them free ride on the Commonwealth brand with the AFSL rubbish. Then there was all that dangerous FIDO tot that directed the citizens who pay for ASIC largess straight to financial advisors.

And what does ASIC under Medcraft do after ASIC's botched fiddling with the Australia financial services sector? CUT and RUN.

ASIC: the great enabler.