BROKING - Broker's collapse sparks

With its aggressive margin-lending business, Opes Prime built a A$1 billion book from just A$7 million in paid-up capital. But as the country's bull-run came to an end, the broker's highly geared clients were exposed and some 1,200 retail investors watched their wealth being wiped out. ANZ bank was Opes' largest creditor, raising questions about its risk management. Ben Power reports.