About 30 popular TikTok, YouTube and Instagram influencers attended an invitation-only briefing with Australian Securities and Investments Commission officials on Wednesday.
It was a day of wild mood swings on the ASX today as the bourse dipped into the red and then returned to the green The S&P/ASX200 is up just 3.00 points.
The lockdown enforced by the pandemic has resulted in a massive growth of online trading and a media focus on its practices and regulation. The combination of severe market volatility, people being deprived of regular income and confined to their homes has tempted millions of amateur traders to try their hand at the markets. 📝 The Trader Who Took On the Regulator.
Canadian trader banks moral win over ASIC
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Everyone got some of what they wanted out of a Court of Appeal judgment handed down on Friday.
ASIC, for one, is not on the hook for defaming
Daniel Schlaepfer. The higher court affirmed its qualified privilege defence of the actions of market supervision boss
Greg Yanco, who in 2014 warned major brokerages against doing business with one of Schlaepferâs firms over suspicions its traders had placed false orders to âlayerâ the market to their own undue financial benefit.
The higher court affirmed ASICâs qualified privilege defence of the actions of market supervision boss Greg YancoÂ