Another case of clown Greg Medcraft and ASIC asleep at the - TopicsExpress

Another case of clown Greg Medcraft and ASIC asleep at the wheel. As the article states the exam would achieve nothing and add costs to investors. A better idea would be to make accountable for their actions, ask questions of their so called investigators and punish the employees of ASIC for their mistakes - just like in the real world. ASIC reports to no Minister so if you have an issue you go around in circles and there is no higher power.

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