ASIC is the Australian Securities and Investments Commission, which is an independent Australian government agency that acts as Australia’s corporate regulator. ASIC is responsible for regulating Australia’s financial markets and financial services providers, and has a range of powers to enforce the law and protect consumers. ASIC’s role is to ensure that Australia’s financial markets are fair, transparent, and efficient, and that investors and consumers are treated fairly. The agency also provides education and guidance to consumers on financial matters and has the authority to take action against companies and individuals who breach the law.
“Patterns repeat because human nature hasn’t changed for thousands of years.” – Jesse Livermore