A frustrated corporate watchdog is out for blood at Macquarie

Australian business is plagued by scandal. Yet the bosses love lecturing the rest of us

The prosecution of Macquarie Securities for hundreds of millions of breaches of short selling laws is yet another moment of misconduct.

Macquarie’s Broking Arm Sued Over Misleading Short Sale Data

The Australian Securities and Investments Commission (ASIC) has launched civil proceedings against the broking arm of Macquarie Bank in the New South Wales (NSW) Supreme Court. The corporate watchdog alleges Macquarie Securities misreported millions of short sale transactions over a 14-year period, misleading the market. It is ASIC’s first court case focused on short sale reporting and marks the fourth enforcement action against Macquarie in jus…

Australia accuses Macquarie of millions of inaccurate short sale reports

Australia's top investment bank has already been hit with three enforcement actions in the past year. Read more at straitstimes.com.

ASIC sues broking arm of Macquarie

The corporate watchdog is suing the broking division of investment bank Macquarie, alleging it misled the market by misreporting millions of short sales for a period of 14 years.The Australian Securities and Investments Commission (ASIC) has started proceedings against Macquarie Securities (Australia) Limited (MSAL) in the NSW Supreme Court.It is the regulator's fourth regulatory action against the investment bank in just over a year.READ MORE: …

ASIC says Macquarie short on truth for more than 14 years

Corporate watchdog boss Joe Longo fears Macquarie Securities may have misled market players amid allegations the big ticket broker incorrectly reported short sales for more than 14 years.

Macquarie faces $782m fine for allegedly misleading regulator

ASIC has targeted $82 billion financial giant Macquarie Group for the second time in a week, alleging complacency and hubris in its compliance with regulations.