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Regulatory

Responsible entity fined $2m

A court has found Theta Asset Management and its managing director contravened the Corporations Act on multiple occasions in authorising the issues of five defective Product Disclosure Statements (PDSs).

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Read more: ASICTheta Asset ManagementProduct Disclosure StatementsRobert MarieCathie ArmourSterling GroupSterling Income TrustValue Stream Investment Management