ASIC should spell out ‘serious’ insider trading allegations, Westpac tells court

Financial Services 2021-05-19 4:07 pm By Cindy Cameronne | Sydney

Westpac has argued that ASIC should flesh out its case accusing the banking giant of insider trading before the $16 billion privatisation of electricity provider Ausgrid, saying the regulator has not explained the nature of the alleged inside information.