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Former licensee boss banned

ASIC has said the former chief executive of Spectrum Wealth Advisers had a poor understanding of his obligations and failed to ensure advisers complied with the law, banning him over his involvement in the licensee's numerous failures.

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Read more: ASICSpectrum Wealth AdvisersAdministrative Appeals TribunalConsilium AdviceDanielle PressDoverFinancial StandardFreedom Insurance GroupMark Schroeder