The Australian Securities Exchange
(ASX:ASX) appears to be using its last year as the share market supervisor to crack down even harder on insider trading.
The ASX says it’s launched 79 investigations into insider trading during the past six months, resulting in 19 referrals to ASIC.
Total insider trading referrals could beat previous years with 31 in 2009 and 27 in 2008.
The ASX’s supervisory role will be transferred to ASIC during the third quarter of this year.
The ASX posted a 2009 net profit of $313 million.
