Friday, 23 August 2019
After years of speculation, product intervention in the CFDs sector has come to Australia. This article sets out the 8 conditions proposed by ASIC, and some of our commentary.
Wednesday, 1 February 2017
Australia’s regulator, ASIC, is soon to receive a serious weapons upgrade that will go far beyond the old tools of product disclosure statement stop-orders and misleading or deceptive conduct remedies (although as noted above, these powers would have been more than adequate to stop the testimonial-style advertisement we described at the beginning of this article).
Wednesday, 25 January 2017
What do the US, Quebec, Turkey, Belgium, France, UK, Hong Kong, Japan, Cyprus, and now Australia, have in common? They all have existing or proposed product intervention-style powers to restrict the offering of various types of OTC derivatives to the public.