ASIC clarifies position on forward-looking statements

THE Australian Securities and Investments Commission has reissued its controversial information sheet on forward-looking statements in the mining sector with little change.

ASIC clarifies position on forward-looking statements ASIC clarifies position on forward-looking statements ASIC clarifies position on forward-looking statements ASIC clarifies position on forward-looking statements ASIC clarifies position on forward-looking statements

ASIC maintained that forward-looking statements needed to be based on “reasonable grounds” as had always been required under law.