By Shani Raja
Nov. 8 (Bloomberg) -- The Australian Securities & Investments Commission is planning new regulations targeting hedge funds and derivatives markets, the Australian Financial Review reported in its weekend edition.
The regulator will seek to improve oversight of over-the- counter derivatives markets including credit default swaps, among other measures, the newspaper said, citing comments made by ASIC Chairman Tony D'Aloisio at the Australian Lawyers' Association conference in Sydney yesterday.
The regulator is also looking to examine brokers' conduct, the Review quoted D'Aloisio as saying.
To contact the reporter on this story: Shani Raja in Sydney at sraja4@bloomberg.net.
Posts
No comments:
Post a Comment