QUESTIONS ON NOTICE › Australian Securities and Investments Commission (Question No. 1503)
Senator Cormann asked the Minister representing the Minister for Financial Services and Superannuation, upon notice, on 16 January 2012: With reference to the Australian Securities and Investments Commission (ASIC) and Goldsmith and Associates Pty Ltd (Goldsmiths), on what date did ASIC first: (a) become aware that Goldsmiths were operating in Australia and seeking investments from the general public; (b) receive a complaint from any individual or organisation in relation to Goldsmiths’ operations in Australia, and what was the nature of this complaint and how was it communicated to ASIC; (c) become aware that Goldsmiths was not a holder of an Australian Financial Services licence; (d) commence action to restrict or stop Goldsmiths from operating in Australia, and what was the nature of this action; and (e) communicate to the Australian public that it was concerned about Goldsmiths’ operations in Australia, and what was the nature of this communication.