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	<title>Financial Standard Comments - Bankrupt adviser gets nine month ban</title>
	<description>The Australian Securities and Investments Commission (ASIC) has banned a Queensland-based financial adviser from providing financial services after becoming an undischarged bankrupt.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=36612979</link>
	<lastBuildDate>Thu, 29 May 2014 13:10:12 +1000</lastBuildDate>
	<pubDate>Thu, 29 May 2014 13:10:12 +1000</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by Alan Pascoe (Pascoe's SMSF)</title>
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<p><p>So what sort of justice is that, how does that possibly send any sort of message. He gets a 9 month paid holiday via investors money and then can do it all again. There are so many crocks in the QLD area dealing in the US its embarrassing.</p>
<p>He traded allegedly under different names and was perhaps still is working with other real-estate agencies within QLD, this is absolute madness.</p>
<p>These guys in this position of responsibility should be made to pay it ALL back or stripped for of being able to practice until such time as they have or are making an attempt via regular sensible payments. If they have been made a mistake how come they can't get-out free. If the stock market crashes (and that is said to be high risk) no one will let me walk away from that,</p>
<p>ASIC need to grow up and the law needs to support that endeavour if you really want to clean this up.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Alan Pascoe (Pascoe's SMSF)</dc:creator>
		<pubDate>Thu, 29 May 2014 13:10:12 +1000</pubDate>
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