Michael Quilter was interviewed and quoted on The Conversation
Publication: The Conversation
Title: ASIC underwhelms with call for greater powers
Date: 1 November 2013
Excerpt: Macquarie University corporate governance lecturer Michael Quilter called ASIC’s third and 200-page long submission to the inquiry the “biggest regulator CV ever”.
“The problem for ASIC is in part a perception issue - as the character of its prosecutions stand, it puts lots of resources into basically punishing a few individuals, and pretty light punishment at that. There is an imbalance between resource allocation and outcome effect. This is what plays in the media and conditions negative responses to ASIC.”