Edit company details The Bank of New York

Phone:03 9640 3900
Fax:03 9602 1236
URL:http://www.bankofny.com
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1MM-AdviserPenalties Are penalties against advisers enforced by ASIC stringent enough and do they deter bad practice?
Yes, they are stringent enough and act as a deterrent against bad practice and unethical behaviour.
 
9%
Yes, but they are not enough of a deterrent.
 
5%
Yes, but there should be a register of those who have breached the law.
 
16%
No, they achieve nothing as recalcitrant advisers can simply set-up again after a few years.
 
70%
The poll is closed.

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