CP 119 Regulation of financial markets: Exemptions from Part 7.2 of the Corporations Act
Released February 2006. Comment closed 28 February 2006.
This consultation paper sets out a proposal to extend the circumstances in which ASIC may consider recommending to the Minister that an exemption from Part 7.2 of the Corporations Act 2001 (Act) should be granted. We consider that this proposal will facilitate the more appropriate regulation in this jurisdiction of some specialist market facilities that function to bring profess-ional investors together to trade in financial products solely among themselves.