Day: July 3, 2023

ASIC has permanently banned Sydney-based director David Henty Sutton from providing any financial services, performing any function involved in the carrying on of a financial services business and controlling an entity that carries on a financial services business. ASIC has also cancelled the Australian financial services licence of Mr Sutton’s company, McFaddens Securities Pty Ltd …

ASIC permanently bans David Sutton and cancels McFaddens Securities’ licence Read More »

The National Anti-Scam Centre will coordinate an investment scam fusion cell to combat the growing problem of investment scams, which are costing Australians more than $1 billion a year. The fusion cell will be led by the ACCC and ASIC and include representatives from the banks, telecommunications industry and digital platforms. It will be the …

National Anti-Scam Centre’s first fusion cell to disrupt investment scams Read More »