Asic sues Macquarie as crackdown continues
The action is the fourth time Asic has moved against Macquarie Group over the last year.
US and UK regulators have also hit the bank with fines.
Australian investment bank Macquarie is being sued by corporate regulator Asic for allegedly misreporting millions – and perhaps billions – of short sales in its securities division.
Asic today filed an action in the New South Wales Supreme Court, alleging that the Macquarie Securities division
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