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ASIC bans former UGC advice head

ASIC has banned Louis Van Coppenhagen from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business for seven years.  Van Coppenhagen was previously authorised by United Global Capital (UGC) from April 2018 to July 2021 and MWL Financial Services from 7 August 2022 to June 2023.  ASIC said that Van Coppenhagen gave inappropriate advice to certain clients which was not in their best interests while...

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