As Kiwi regulators probe trading in Warehouse shares ahead of a takeover offer, their Australian counterpart is talking tough on leaks and insider trading.
ASIC is looking at implementing ‘put up or shut up’ rules used in the UK.
Media leaks are a stain on otherwise clean listed Australian equity markets, and regulator Australian Securities and Investments Commission (Asic) says it is building a dedicated “criminal investigation” team to pursue insider trading.
Asic’s Equity Market Cleanliness Snapshot Report, released
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
