‘Bad publicity’ no reason to stay ASIC ban of ex-NAB adviser, tribunal says
ASIC
2020-01-29 4:27 pm
| Sydney
A former Adelaide financial advisor that worked for a subsidiary of National Australia Bank has lost his bid for a temporary stay of a five-year ban for allegedly recommending that clients invest in failed fintech start-up Bux Global, after arguing the bad publicity could negatively affect the impending sale of his business.