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Regulatory

ASIC seeks more bans in SMSF advice crackdown

ASIC is seeking banning orders ranging from 7.5 years to permanent for individuals participating in providing unlicensed advice to SMSF investors.

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Read more: ASIC,  US,  Federal Court,  Gold Coast businesses ActiveSuper,  Royale Capital owners Jason Burrows,  Craig Gore,  Alliance executive director Duncan Fairweather,  ASIC Commissioner Greg Tanzer,  Australian Financial Services Licence,  British Virgin Islands outside,  Federal Court judge Richard White,  July 2012,  Justin Gibson,  Marina,  Regulatory,  SMSF clients,  SMSF Owners,  US bank accounts