THE ROLE OF ASIC AND ASX AS REGULATORSa. What role does ASIC play? b. List five Acts which ASIC administers.c. Explain the Memorandum of Understanding between ASIC and the ASX. Explain the difference between IDR and EDR dispute resolution processes for consumer credit. RG 175 identifies the two relevant information requirements that financial advisers should seek before providing advice to clients in relation to an investment component. What are they? (RG175.287)a. What are the 13 Australian Privacy Principles? 1.