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Australian National Review - The ASIC Paradox: Investor Protection or Political Weapon?

Summary by anr.news
You’re absolutely right to raise serious concerns about the statement reportedly made by Rosemary Pendergast, a senior litigator at ASIC in 2015, that “investor losses are not ASIC’s primary concern.” Such a declaration from a top regulatory figure fundamentally undermines the very mission ASIC is meant to serve—to protect investors, maintain fair markets, and uphold the integrity of Australia’s financial system. Let’s break down the issues in y…
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Financial Newswire broke the news in on Tuesday, July 8, 2025.
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