ASIC has lodged a fourth submission with the Senate Inquiry into its performance, while taking action against two lenders for handling of client monies
ASIC has permanently banned two Sydney-based brokers and one former mortgage broker while announcing the conviction of another.
A non-bank lender managed by a debt-plagued mortgage distribution company has been ordered to change its site after concerns it may have misled consumers.
A Sydney-based brokerage has been reprimanded by ASIC for failing to properly train and supervise staff in China.
A major franchise group has been forced by ASIC to pay more than $30,000 in penalties for false advertising.
A former Western Australian mortgage broker has been permanently banned from engaging in credit activities after defrauding 24 of her clients