I think Greg Medcraft, who's been head of Australian Securities and Investments Commission (ASIC) for the last year, has done a good job compared to his predecessorsegulators should work cooperatively with the marketplace to better regulate industries they oversee collaborative procedure always works better, and gains the respect of the relevant industriesspecially when there are so numerous grey areas in corporations law, unlike criminal law, that's generally black or whiteecause of the numerous grey areas where laws usually are not clear, it quite is crucial marketplace regulators provide guidelines of what their interpretation of the law is, so companies know what is and isn't compliantnd if one disagrees with ASIC's interpretation, There is certainly always mediation, or courts to clarify the lawf course if There is certainly blatant criminal activity, a regulator has to send white-collar criminals to jail, to scare people so they don't break black and white lawsor example: whenever you rob a bank, you know you might be commit ... [Read More - How To End A Relationship In Good Terms]
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