Australian Securities and Investments Commission
Corporate regulation agency of the Australian Government
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The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. ASIC was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's authority and scope are determined by the Australian Securities and Investments Commission Act 2001.
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Aussie Home Loans is misleading customers, complaint to ASIC allegesAustralia's biggest mortgage broker misled customers with claims that its services are free, a complaint to the corporate regulator alleges.
ASIC reviews itself over company collapseThe Australian Securities and Investments Commission is conducting an internal review over the collapse of Sterling First, which has left many retirees broke.
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