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Regulatory

Macquarie raked over the coals again by ASIC

Macquarie Securities, the broking arm of Macquarie Group, has been sued by ASIC for allegedly engaging in repeated and systemic misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 years.

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Read more: ASICMacquarie SecuritiesMacquarie GroupFinancial ServicesComplianceGlobal Financial CrisisJoe LongoLawsuitMacquarie BankNSW Supreme Court