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ASIC drops proceedings against two former directors

ASIC has discontinued its proceedings against two former directors of LM Investment Management (LMIM) and the Administrative Appeals Tribunal (AAT) has upheld an ASIC ban.

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Read more: AATLisa DarcySimon TicknerAdministrative Appeals TribunalLM Investment ManagementASIC Commissioner John PricePeter DrakeAbe SamuelEghard van der HovenFederal Court of AustraliaFrancene Mulder