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ASIC takes aim at misleading advertising

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Australian Broker | 19 Dec 2013, 05:00 AM Agree 0
ASIC has sent a strong message to the financial services industry with regard to false advertising, while fining one company $10,000.
  • Dave Robinson | 19 Dec 2013, 09:22 AM Agree 0
    “Advertising plays a crucial role in consumer decisions about financial products, and as such advertising is a focus of ASIC.”

    Then show this by making the penalty's commiserate with your statements. $10K and $30K is nothing for these company's and is unlikely to have any lasting effect if any at all.
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