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Browse: Home / 2015 / March / 23 / ASIC welcomes seven-year jail term

ASIC welcomes seven-year jail term

By Securities Docket on March 23, 2015, 7:59 am

Australian Securities and Investments Commission chairman Greg Medcraft said he was pleased with the sentence, even if it was short of the maximum 10-year term.

“It’s the longest sentence in insider trading history,” he told reporters on Monday.

“We’re pleased with the outcome.

via ASIC welcomes seven-year jail term — News.com.au

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Posted in Global, Top | Tagged Australia, Insider Trading

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