ASIC bans bankrupt financial adviser
Australian Securities and Investments Commission (ASIC) has banned Victorian-based financial adviser Allan Burt Vissenjoux from providing financial services.
Vissenjoux, who is an undischarged bankrupt, has been banned under section 920(A) of the Corporations Act 2001 from providing financial services until 29 May 2016.
He was most recently an authorised representative of Total Financial Solutions Australia until 30 October 2013.
The ban expires when Vissenjoux's bankruptcy ends, according to ASIC.
Vissenjoux has the right to lodge an appeal with the Administrative Appeals Tribunal for a review of ASIC's decision to ban him.
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