Merry Christmas from Money Management
This is the final Money Management e-newsletter for 2017.
We’ll be back in 2018 with our first e-newsletter on Monday, 8 January.
We wish all our readers a peaceful and merry Christmas and a safe and prosperous new year.
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Unregistered managed investment scheme operator Chris Marco has been sentenced after being found guilty of 43 fraud charges, receiving the highest sentence imposed by an Australian court regarding an ASIC criminal investigation.
ASIC has cancelled the AFSL of Sydney-based Arrumar Private after it failed to comply with the conditions of its licence.
Two investment advisory research houses have announced a merger to form a combined entity under the name Delta Portfolios.
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
