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ASIC does not target brokers, says Kell

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Australian Broker | 15 May 2014, 05:54 AM Agree 0
Brokers should not be upset when their profession is splashed across headlines for all the wrong reasons because of rogue members, ASIC deputy chair Peter Kell said
  • Clarke Kent | 15 May 2014, 09:00 AM Agree 0
    What about the fraud committed by the sales personnel in the Bank's who are quietly removed from their positions without any fanfare?. Fraudulent documentation is quite a common factor to dismissal and then Bank settles the matter privately under confidential agreement.
  • Steve McClure | 15 May 2014, 10:26 AM Agree 0
    Well said. One reason our market share is increasing is because consumers have more confidence in us. We can disagree on aspects of regulation, but ASIC assists us to maintain integrity.
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