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Browse: Home / 2013 / October / 28 / Jailed executive hits out at ASIC — Business Day

Jailed executive hits out at ASIC — Business Day

By Securities Docket on October 28, 2013, 9:12 am

A former executive who was sent to jail for insider trading but then released on appeal with his conviction quashed has slammed the corporate regulator for the way it conducted its case against him….

[Stuart Fysh] says ASIC’s practice of ”rushing to publicise” its suspicions of individuals, and its intentions to charge individuals, before any crimes have been proved to have taken place can destroy the careers of innocent people needlessly.

via Jailed executive hits out at ASIC — Business Day

Posted in Global, Top | Tagged ASIC, Prison, Regulators

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