Adviser dealt permanent financial services ban for falsifying exam result

Mark Battersby
clock • 2 min read

Australian Securities and Investments Commission (ASIC) has banned former Sydney-based financial adviser for changing the result of his financial adviser exam.  In a statement on 15 March, ASIC said it had "permanently banned Todd Karamian, of Sydney, New South Wales, from providing financial services and carrying on a financial services business after he falsified his financial adviser exam result". ASIC found that in December 2021, Karamian altered his Financial Adviser Certificate from a fail result to a pass result and sent the altered certificate to his Licensee, Bluepoint Consul...

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