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Articles on ASIC

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Treasurer Josh Frydenberg with Australian Securities and Investments Commission chair James Shipton. His new powers are imperfect, but they will help. Peter Braig/AAP

Fines that’ll hurt. ASIC’s powerful, if ill-fitting, teeth

Suddenly, ASIC is about to have real power. It’ll be easier to get prosecutions and they will hurt, even if the law remains less than completely clear.
First appointed by Labor and now twice reappointed by the Coalition, Rod Sims has been unafraid to use the law. David Moir/AAP

Uncomfortable comparisons. Why Rod Sims broke the ACCC record

Compare the ACCC to ASIC and it’s clear why Rod Sims has been reappointed to a record third term as Australia’s top competition and consumer cop.

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