ASIC ban

Financial planning

Will ASIC’s disciplinary actions exceed the 2019 peak?

The 2025 calendar year has already seen 18 advisers banned or disqualified by ASIC, and if this trend continues, the count could exceed the royal commission era record of...

Financial planning

Sydney planner permanently banned

Gavin Fineff sourced over $5 million form clients and individuals as loans and, without their knowledge, gambled and lost a significant amount of those funds, according t...

Superannuation

Mark Goldenberg banned after illegal credit activities

Mark Goldenberg operated an illegal early access to superannuation scheme and engaged in credit activities without an Australian credit licence....

SMSF

SMSF adviser banned for best interests failure

Wayne Blazejczyk recommended clients with low super balances to set up a SMSF and use an admin service he was the owner of and to invest in a fund that he was the investm...

Policy & Regulation

Untrained and unlicensed director banned by ASIC

Max David Goldenberg has been banned for eight years after illegally allowing clients to access their super to buy a home....

People & Products

Keybridge Capital CEO returns after ASIC ban

Keybridge Capital’s Nicholas Bolton has returned to his chief executive role following expiry of a ban made by the Australian Securities and Investments Commission (ASIC)...

Policy & Regulation

Perth accountant slapped with six-year ban

ASIC has banned a Perth-based accountant from providing any financial services for six years, after finding that he both contravened and was likely to again contravene a ...

Policy & Regulation

ASIC slaps 8-year ban on former director of derivatives issuer

The securities regulator has banned Yossef Ashkenazi of Victoria from providing financial services for a period of eight years....

SMSF

ASIC disqualifies Victorian SMSF auditor

The regulator has disqualified Oscar Altavilla from being an approved auditor of SMSFs following breaches of independence and auditing standards....

Policy & Regulation

ASIC slaps Spectrum Wealth adviser with three-year ban

The regulator has banned Spectrum Wealth Advisers’ Gurumukh Singh Mehra from providing financial services for three years after surveillance showed he failed to act in hi...

Policy & Regulation

AAT overturns ASIC ban of Perth adviser

The Administrative Appeals Tribunal has set aside a decision by the regulator to ban Perth adviser Robert Hutchison from providing any financial services....

Financial planning

ASIC permanently bans unlicensed financial adviser

The regulator has permanently banned unlicensed financial adviser, Senen Pousa, from providing financial services or engaging in credit activity....

Policy & Regulation

ASIC slaps permanent ban on JJ Global director

The investments regulator has permanently banned Vicky Bee Chin Lim, the sole director of a firm closely affiliated with Malaysia’s JJ Global Network Holdings, from provi...