ASIC’s crackdown on product disclosures continues. ASIC has issued 11 design and distribution obligations stop orders, with the first stop orders being issued in July. Latest interim stop order prevent a fund management firm from distributing three funds to retail investors.
publically traded entities, there are a lot of rules about not being fake. so the sec stepped in and more or less kicked them off the stock exchange. for a couple of them, they issued what is called a stop order, and they forcibly stopped them from selling any more public shares. and stop orders are a serious thing and a rare thing. and in the past 30 years, 35 companies total have gotten stop orders. of the 35, at least 3 them were run by the same group of guys in china, in shanghai, and now, this chinese firm in shanghai that appears to specialize in launching publically traded companies that mislead regulators and investors and get everyone involved in trouble, i ll give you one guess as to what their new high-profile investment is. yes. it s donald trump s latest
screens. but if you re running, you know, publicly traded entities, there is a lot of rules about not being fake. and so the s.e.c. stepped in and more or less kicked those companies off the stock exchange. for a couple of them, they issued what is called a stop order. the s.e.c. forcibly stopped these companies from selling any more public shares. and stop orders are a serious thing and they are a rare thing. in the past ten years, something like 35 companies total have gotten stop orders like this. of the 35 in the past ten years, at least three of them were run by the same group of guys in china. in shanghai. well, now, this chinese firm, shanghai, that appears to specialize in launching publicly traded companies that mislead regulators and investors, and then get everybody involved in trouble, i ll give you one guess as to what their new high profile investment is. yes, it is donald trump s latest
but there are other significant challenges for this government. when it comes to the economy and the cost of living, there are not always easy answers. we arejoined from we are joined from somerset. let s talk about the plans to deal with protesters first of all with these criminal disruption prevention orders which could include fines and “p orders which could include fines and up to six months imprisonment. how do you think that is going to work when we take into consideration balancing the right to protest with the rights of the public who may be disrupted by this protest? tt s a disrupted by this protest? it s a difficult balance disrupted by this protest? it s a difficult balance for disrupted by this protest? tt s a. difficult balance for everybody to work out where it should lie. in our report earlier this year, we said that we thought the balance had swung too far in favour of
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