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Regulatory

ASIC concerned about PDS font size, consumer warnings

The Australian Securities and Investments Commission (ASIC) is concerned that some providers are adapting to the new shorter product disclosure statement (PDS) by reducing the font size and has solved the issue by establishing the minimum font size at 9 points.

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Read more: ASICAustralian SecuritiesInvestments CommissionRegulatoryABNACNInformation Sheet 155June 2012