ASIC raises bar on OTC derivativesBY MELANIE TIMBRELL | WEDNESDAY, 1 AUG 2012 12:10PMIssuers of OTC derivatives, including CFDs and margin foreign exchange derivatives, will have to meet new financial requirements just released by ASIC. |
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Andrew Gregory
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After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.







The current issues with these changes are that they seem to capture foreign exchange companies that offer physical delivery products (such as FX options), as well as other non-margin FX/CFD issuers.