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 OZschwitz slave pen: Market rumour mongers face tap on phones

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RR Phantom

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OZschwitz slave pen: Market rumour mongers face tap on phones Vide
PostSubject: OZschwitz slave pen: Market rumour mongers face tap on phones   OZschwitz slave pen: Market rumour mongers face tap on phones Icon_minitimeFri Jul 31, 2009 3:31 am
PHONE tapping of suspected rumour-mongers, more powers for the corporate regulator and tighter controls on directors’ trades are among wide-ranging reforms the Federal Government has been urged to consider because of global financial crisis.

But the expert committee behind the proposed reforms has stopped short of recommending that the Australian Securities and Investments Commission have the power to tap phones.

Instead it has proposed that the Australian Federal Police be able to listen in on suspected market manipulators at ASIC’s request.

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