House debates Questions in Writing
Australian Securities Investments Commission: Managed Investment Schemes (Question No. 354)
Paul Fletcher Bradfield, Liberal Party
asked the Assistant Treasurer, in writing, on 10 May 2011:
In respect of investigations by the Australian Securities Investments Commission (ASIC) into (a) Trio Capital Ltd and its associated managed investment schemes, (b) Storm Financial Ltd, and (c) the Westpoint Group of companies, (i) when did investigations commence, (ii) what prompted the investigations, and (iii) what series of actions were taken by ASIC to prevent each entity from continuing to operate, or continuing to offer financial products.
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