July 30, 2019 BY Valentina Kirilova

Admission of managed funds with internal market makers put on pause by ASIC

Australian regulator ASIC has requested earlier today that exchange market operators do not admit any managed funds that do not disclose their portfolio holdings daily. Operators should also have internal market makers while it undertakes a review during the remainder of this calendar year. What is Internal market making? Internal market making occurs when a…

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