ASIC bans former Kaz Capital adviser for 6 years

ASIC bans former Kaz Capital adviser for 6 years

ASIC, the Australian Securities and Investments Commission, has banned an adviser from providing any financial services for six years. The ruling came yesterday following an investigation by ASIC, the Australian regulator, which found David Cornford guilty of buying and selling securities without clients' permission, even as he was using their personal accounts. The regulator said Cornford had taken part in transactions that had the effect of maintaining an artificially high price for t...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.