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Securities Industry Australia

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July 8, 1991 | GEORGE WHITE, TIMES STAFF WRITER
In a bid to eliminate the kind of corporate scandals that have discouraged some Americans and other potential foreign investors from doing business in Australia, the government is beginning to put teeth into its young securities watchdog agency. The Australian Securities Commission was created in January to root out illegal and improper financial conduct and improve a business image sullied in the 1980s by some of the country's high-flying corporate power brokers.
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BUSINESS
July 8, 1991 | GEORGE WHITE, TIMES STAFF WRITER
In a bid to eliminate the kind of corporate scandals that have discouraged some Americans and other potential foreign investors from doing business in Australia, the government is beginning to put teeth into its young securities watchdog agency. The Australian Securities Commission was created in January to root out illegal and improper financial conduct and improve a business image sullied in the 1980s by some of the country's high-flying corporate power brokers.
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