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Financial Planning

ASIC admits wrongdoing in Senate hearing

The Australian Securities and Investments Commission (ASIC)'s top officials admitted that the regulator could have done more to prevent poor advice and malpractices in a tense five-hour Senate hearing.

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Read more: ASIC,  Senate,  Commonwealth Bank,  Labor Senator Mark Bishop,  Australian Securities,  CBA,  Financial Planning,  Greg Kirk,  Investments Commission,  Peter Kell,  ASIC officials,  Commonwealth Financial Planning,  Economics Committee,  February 2008,  John Price,  Maurice Blackburn,  Maurice Blackburn principal John Berrill,  May 30