Wednesday, February 27, 2008

Continuous Disclosure

Lots of continuous disclosure matters around at the moment:
Allco Finance

Also ABC Learning - and the issue of disclosure of short selling.

In short, there are plenty of complaints that the continuous disclosure regime isn't doing what it's meant to be doing. This is on top of allegations that the ASX shouldn't be acting as a profit making enterprise as well as having a monitoring and regulatory role. Here's a piece by Bryan Frith that argues against a knee-jerk reaction in stripping the ASX of its regulatory role.

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