If securities are to be sold publicly,regulatory laws in Australia require that a document must be lodged with the Reserve Bank of Australia before the securities are sold to raise funds.

Question

Quizplus · Accepted Answer

In Australia, a prospectus or other disclosure document must be lodged with the Australian Securities and Investments Commission (ASIC), not the Reserve Bank of Australia, before securities can be sold to the public.

If Securities Are to Be Sold Publicly,regulatory Laws in Australia