Rodgers to retire from ASIC
The Australian Securities and Investments Commission (ASIC) has confirmed that its senior executive of strategy, Malcolm Rodgers, will retire on December 18.
Rodgers has held senior roles at ASIC and its predecessor the ACS since 1991 including director of regulation policy and executive director of policy and markets regulation.
ASIC is yet to announce a replacement.
Recommended for you
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
In the run-up to heavy losses expected at the end of the financial year, June has already reported consecutive weeks of adviser losses.
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam.
ASIC has sent warning notices to social media finfluencers who it suspects are providing unlicensed financial advice to Australians as part of a global crackdown by international regulators.