Senate debates Bills

Corporations Amendment (Crowd-sourced Funding) Bill 2016; In Committee


Mathias Cormann

Mathias Cormann WA, Liberal Party, Minister for Finance

11:45 am

As I said in response to the questions by Senator Gallagher on the intermediaries, in order to run a secondary market, which they could, they would have to be appropriately licensed with an Australian financial services licence, and they would have to comply with all of the relevant consumer protection requirements that come with that.

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