Vanguard misled investors over ESG screening, the Federal Court has found. This marks the first win for ASIC in a greenwashing proceeding.
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ASIC has effectively bankrupted finfluencer Tyson Scholz after securing sequestration orders against him.
Russell Sandiford is facing possible jail time and a hefty fine after he convinced people to hand over more than $400,000 for the purpose of investing before spending it all elsewhere and paying back just 1% of the total to investors.
ASIC has filed a contempt application in the Federal Court against former Wealth & Risk Management (WRM) director Joshua David Fuoco.
ME Bank has been fined by the Federal Court after pleading guilty to giving customers inaccurate information about its home loans.
Financial literacy is taking on a new vocabulary and it's aimed at the audience most easily persuaded by finfluencers: the TikTok generation.
Perth Mint has avoided an ASIC fine over its failure to comply with Australia's anti-money laundering and counter-terrorism financing laws.
Super fund HESTA has been fined $48,000 for purportedly publishing misleading performance figures about one of its investment options.
Wednesday's marathon Optus outage impacted around 10 million customers, now the telco is offering 200GB of free data instead of refunds.
In a first-of-its-kind case, ASIC is taking Australian Super to court over its failure to properly monitor and consolidate multiple accounts on behalf of members for close to a decade.
