UniSuper suspends stock lendingBY JAMIE WILLIAMSON | MONDAY, 16 MAR 2020 1:16PMUniSuper has instructed its custodian to recall all shares currently out on loan indefinitely. Related News |
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David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
About time the super funds stopped funding the short sellers, particularly in current markets.
This was going on during the GFC.
Not surprisingly, APRA did not take a lead on it then just as they have done nothing this time.