ASIC are active in their work and are not how most people see them.
Read about how active they have been http://asic.gov.au/about-asic/media...y-outcomes-and-areas-of-focus-for-the-future/
ASIC Commissioner Greg Tanzer said, 'ASIC does everything in its power to detect and take action against those who break the law, to ensure consumers can have trust and confidence in our financial markets and financial services industry. This report highlights our strong recent enforcement record and ongoing areas of focus.'
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