Too right - its a circus
the first thing they need to do is restore transparancy:
- broker codes visible to all
- full disclosure of short-selling, stock borrowing and lending
- tighten the time limits and penalties for substantial shareholder notices and directors holdings
- take away the ASX power to oversee trading and give it to ASIC
- prosecute a few people to set some examples
- Forums
- ASX - General
- the market has finally lost its credibility
Too right - its a circusthe first thing they need to do is...
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