The corporate regulator did not deeply review the impacts of its recommended increase to the wholesale investor threshold, conceding on Friday that it relied on its own judgements to make a call that has angered the tech sector. In response to potential changes to wholesale investor and client tests, the Australian Securities and Investment Commission…
The post ‘Judgement’ call: ASIC didn’t review impact of investor change appeared first on InnovationAus.com.
This post was originally published on InnovationAus.com.