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ASIC was dubbed a ‘watchdog with no teeth’. Has Joe Longo changed it?

Longo cites more investigations and a four-fold rise in penalties as ASIC faces criticism over missed warnings on major investment failures.

Summary by Sydney Morning Herald
The outgoing chair of ASIC says he’s made the regulator more ambitious, pointing to more penalties it has extracted and more investigations launched.

2 Articles

Sydney Morning HeraldSydney Morning Herald
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The AgeThe Age
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ASIC was dubbed a ‘watchdog with no teeth’. Has Joe Longo changed it?

The outgoing chair of ASIC says he’s made the regulator more ambitious, pointing to more penalties it has extracted and more investigations launched.

·Sydney, Australia
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Sydney Morning Herald broke the news in Sydney, Australia on Friday, May 8, 2026.
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