Rear Window
ASIC sues ex-commissioner’s new employer
In an industry full of well-compensated chancers and spruikers, vanilla Vanguard is being sued regarding an ETF that charges a mere 0.24 per cent fee.
Myriam RobinRear Window editorThe Australian Securities and Investments Commission was not a settled place when commissioner Sean Hughes left it in January.
News of chairman Joe Longo’s “abject” apology for the public dressing down of an underling had just made this newspaper. As had earlier grumblings about the increasing centralisation of power to Longo and deputy chairwoman Sarah Court.
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