By sheer coincidence the Lone Ranger may well ride again ...
ABC breaking news...
http://www.abc.net.au/news/2017-10-17/asic-james-shipton-to-replace-greg-medcraft/9057190
Extract..
The Federal Government has scrambled to appoint former Goldman Sachs banker James Shipton to replace Greg Medcraft as chairman of the Australian Securities and Investments Commission (ASIC)
Mr Shipton also spoke at the media conference on Tuesday morning.
"The challenges ahead for Australia's financial system and its regulators are significant," he said.
I intend to ensure that ASIC will be a strong, proactive, efficient, innovative and strategic regulator.
"Financial markets are ultimately built on trust — trust in the integrity of the market and trust in market participants.
"I see ASIC as a guardian of that trust."
Regards
OGP
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