This article briefly looks at the sanctions available to ASIC in relation to breaches of the continuous disclosure provisions. The Commonwealth Treasury has issued a consultation paper in March 2007 on infringement notices and their application to the continuous disclosure regime. This article...

This article examines a preliminary review and the limited evidence of over-regulation in Australian financial services. The 1997 Wallis Report and the CLERP 6 paper, resulted in the amendments to Ch 7 of the Corporations Act 2001 (Cth) by the Financial Services Reform Act. Nearly a decade later...

Behavioral finance studies how subjective behavioral elements introduce distortions in the individual's decision-making process. The empirical study of systematic errors in cognitive reasoning and perception, and ultimately what these errors reveal about the individual's underlying thought...