FinanceMagnates
Australia’s
corporate watchdog has launched legal action against Australian Unity Funds
Management, claiming the company issued investment products to retail
clients without properly checking if they were suitable candidates.ASIC Takes Australian
Unity to Court Over Investment Screening FailuresThe
Australian Securities and Investments Commission (ASIC) filed
court papers in Melbourne’s Federal Court on Tuesday…
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This $18.7B Fund Manager Ignored Investor Warnings for 2 Years, ASIC Claims
Damian Chmiel
14:23
Australia’s corporate watchdog has launched legal action against Australian Unity Funds Management, claiming the company issued investment products to retail clients without properly checking if they were suitable candidates.ASIC Takes Australian Unity to Court Over Investment Screening FailuresThe Australian Securities and Investments Commission (ASIC) filed court papers in Melbourne’s Federal Court on Tuesday…
