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ASIC’s ‘litigation first’ approach sees investigation numbers double

Since September 2018, the Australian Securities and Investments Commission (ASIC) has doubled investigation numbers as part of its Wealth Management Project — in keeping with its motto: ‘Why not litigate?’ The updated case figures were announced during a Senate estimates hearing, according to the Australian Financial Review, which added that, due to the heavier workload, relevant staff numbers have increased…

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