Former banker and now Australian Treasurer promises market sensitive Banking & Finance Royal Commission final report would not leak - then it did

On 1 February 2019 the Commissioner, Kenneth Haynes, submitted his final report on the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry to the Governor-General of Australia.

Then this happened...... 

The New Daily, 5 February 2019:

Last week Josh Frydenberg “guaranteed” the royal commission’s final report would not leak while the government sat on it for three days.

About $22 million says that guarantee wasn’t worth anything.

The welter of news in Kenneth Hayne’s report has tended to overshadow what appears to be some rather obvious insider trading.

Someone, somewhere, somehow received a nod and wink on Monday morning that the banks would actually come out of the royal commission better than expected.

“Front running” is the market euphemism for what happened next.

“Any alternate explanation is fanciful,” a fund manager wrote to me.

“With the banks down a quarter per cent, some trader looked out the window at 11am and noticed it was all sunny and cheerful and decided to buy a half billion dollars worth of the major banks ahead of the report into their own malfeasance. I don’t think so.”

That half-billion plunge at 11am was worth a quick $22 million profit on Tuesday morning.....

The first question I have is "How many Morrison Government Cabinet Ministers contacted their own stockbrokers between 1 and 3 February 2019 asking them to buy bank or insurance company shares on their behalf or on behalf of family members?"