Australian Securities and Investments Commission


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Australian Securities and Investments Commission

An agency of the Australian government responsible for regulating corporations, investments, and insurance. Its goal is to protect consumers, creditors and investors from predatory or unfair business practices. Among other things, it co-regulates the Australian Securities Exchange. It was established in 1991 to consolidate several regulatory agencies that previously existed. It is based in Melbourne.
References in periodicals archive ?
OTCBB:SPDV), the world's first publicly-traded commercial space exploration and development company, today announced that on April 17, 2001, the Australian Securities and Investments Commission (ASIC) placed a stop order on a prospectus dated February 27, 2001, lodged on behalf of SpaceDev's majority-owned subsidiary, SpaceDev Australia, Ltd.
MEI has filed a prospectus with the Australian Securities and Investments Commission, to raise US$28million as an initial public offering (IPO), prior to seeking an ASX listing.
The June 16 decision dealt with an application by the Australian Securities and Investments Commission ("ASIC") against Yandal Gold Pty.
Yandal Gold Pty Limited (ACN 085 169 671) ("Yandal Gold") announced that May 13, 1999 has been set as the date for the trial in the action brought by the Australian Securities and Investments Commission ("ASIC") with respect to Yandal Gold's takeover bid for Great Central Mines Limited (ACN 007 066 766) (NASDAQ: GTCMY).
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