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ASIC user-pay model "eminently sensible": SEC veteran

Adopting the industry funding model for ASIC will result in a much more efficient and less politically-motivated regulator, according to former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas.

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Read more: ITSECASICUS SecuritiesExchange Commission Jordan ThomasFINRAFinancial Industry Regulatory AuthorityFinancial StandardGoldman SachsLabaton SucharowMary Schapiro