Regulatory frameworks in Australia play a key role in shaping financial trading practices by ensuring transparency, fairness, and stability in the markets. The primary regulatory authority, the Australian Securities and Investments Commission (ASIC), oversees compliance with laws that govern financial services and market conduct. These regulations require proper licensing, accurate disclosure of information, and adherence to ethical trading standards. By enforcing these rules, the framework helps maintain orderly trading environments, protect market participants, and reduce practices that could undermine market integrity or disrupt fair price discovery mechanisms.