POSITION PAPER NO 9 - DIRECTOR MARGIN LOANS

Date: 21/07/2008

Title: Position Paper No. 9 - Director margin loans

Type: Policy & Advocacy: Paper

Abstract: This position paper sets out some of AICD's views on directors and margin loans. Margin lending arrangements play an important role for the purchase of shares. AICD's position is that the regulation of margin loans must not be made so onerous that directors will, in effect, be precluded from certain share purchases. Despite the alleged recent abuses of margin lending arrangements, no fundamental overhaul of the regulatory oversight of such transactions is required, just incremental improvement.

File:
Position Paper no 9 - Director margin loans