ASIC Consults on Consolidation of ASIC Market Integrity Rules

[kreslik.news]

The Australian Securities and Investments Commission (ASIC) today released a consultation paper which seeks to consolidate and clarify Australia’s market integrity rules.

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At present, there are 14 market integrity rule books that set out obligations and prohibitions applying to activities and conduct on eight licensed financial markets. Collectively, these rule books amount to over 1,300 pages of regulation and a further five regulatory guides set out guidance on ASIC’s approach to regulating these markets.

ASIC is proposing to consolidate 13 of the 14 market integrity rule books into ... (read more)