ASX warrants attacked

25 Jul 2005

Australian Stock Exchange (ASX) needs to improve the supervision of market making obligations of its warrant issuers, according to Australian Securities and Investments Commission (ASIC).

ASIC's 23-page annual report on...

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“At the highest level of economic motivation for their actions and most generous interpretation of them, they are trying to influence prices in a way that benefits mankind and they should be considered heroes for it.”

John Lothian on speculators in the commodity markets.