ASIC – The Tough Cop On The Beat

On 19 April 2016, Greg Medcalf said the following to the Australian Financial Review:

ASIC is the tough cop on the beat and where we see people getting a raw deal we will not hesitate, not for one second, to take on the big end of town, and quite frankly, Australians would expect nothing less of us.

I’m personally aware of numerous instances where people have a got a raw deal from the big end of town.  As an exercise, I will make complaints to ASIC about these matters and will publish the outcome on this blog.  This should be a good way to assess ASIC’s actual performance.

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