A speech by ASIC Chairman Tony D'Aloisio to the Australian Financial Counselling & Credit Reform Association, 28 July 2009
Outline
My topic today is 'Regulatory Issues arising from the Financial Crisis for ASIC and for retail investors and financial consumers'. As we all know, the sub-prime crisis burgeoned into the GFC (a globally recognised acronym) making the last 12 months one of the most challenging periods for all of us. And while things are improving, which is pleasing, we still have a way to go.